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Annuity FV at 11 percent

By Jude Wallis

At 11 percent, the future value of an annuity of 1 for 5 periods is 6.2278. Multiply a cash amount by that factor. This column is independently recomputed.

The formula

FVIFA=(1+r)n1rFVIFA = \frac{(1 + r)^{n} - 1}{r}

Multiply a level payment by the factor to get what the stream is worth at the end.

Future value of an annuity of 1 at 11 percent, n down the side and interest rates across the top.
n11%
11.0000
22.1100
33.3421
44.7097
56.2278
67.9129
79.7833
811.8594
914.1640
1016.7220
1119.5614
1222.7132
1326.2116
1430.0949
1534.4054
1639.1899
1744.5008
1850.3959
1956.9395
2064.2028
2172.2651
2281.2143
2391.1479
24102.1742
25114.4133
26127.9988
27143.0786
28159.8173
29178.3972
30199.0209
35341.5896
40581.8261
45986.6386
501668.7712

Worked example

Using the 11 percent column, what factor sits at 5 periods, and what is 1,000 times that factor?

  1. Read down the 11 percent column to row 5, giving 6.2278.
  2. Multiply: 1000 x 6.2278.

The factor is 6.2278. The product is 6227.8.

How these figures were checked

Every factor on this page is recomputed before the site can build, by a separate program that works a different way: repeated multiplication instead of a power function, a period-by-period sum instead of a closed-form annuity factor, and a solved loan schedule instead of a payment formula. If the two methods disagree anywhere, the page does not ship. Printed factor tables carry typos because nobody can check three thousand numbers by hand; this one is checked on every build.

Keep reading

This page is educational material, not financial advice. The figures come from the formula shown and assume the inputs you enter hold for the whole term. Your own rate, fees, taxes and timing will differ, so treat the output as arithmetic to check a decision against, not as a recommendation.