Immediate Annuity Calculator

Immediate Annuity Calculator - calculate the regular payouts for immediate annuities. An immediate annuity is designed to provide you with an income stream for life by an insurance company. The annuity payment is to begin immediately or shortly after you purchase.

Immediate Annuity Formula

Following is the immediate annuity formula on how to calculate immediate annuity.
Immediate Annuity = P*(r/n)/(1-(1+r/n)^-nt, where
P = principal amount invested
r = annual interest rate
t = # of years
n = frequency of payments each year