The future value of an annuity is the total amount of money that the policy will pay out over its lifetime.
You can use this free future value annuity calculator template for google sheets to calculate the future value of your annuity.
| Name: | Future Value Annuity Template |
| Category: | Personal Finance |
| Application: | Google sheets |
| Tags: | Future Value Annuity Template google sheets, google sheets annuity template |
Screenshots of the template:
FAQ:
How to calculate the future value of annuity?
To calculate the future value of an annuity, you will need to know the following information:
The face value of the policy – this is the amount of money that the policy will pay out over its lifetime.
The interest rate – this is the rate of return that the policy will earn on its investments.
The number of years that the policy will be in force – this is the length of time over which the policy will pay out its benefits.
Using this information, you can calculate the future value of an annuity by multiplying the face value of the policy by the interest rate and then dividing by the number of years that the policy will be in force.
Why is calculating the future value of annuity important?
Calculating the future value of an annuity is important because it allows you to know how much money the policy will pay out over its lifetime. This information can be used to help you make financial decisions, such as whether or not to purchase an annuity.
