Growing Annuity Calculator

Calculate the present value of an annuity where payments grow at a constant rate each period.

Growing Annuity Details

First Payment

Growth Rate (per period)

Discount Rate (per period)

Number of Periods

periods

Formula: PV = PMT x [1 - ((1+g)/(1+r))^n] / (r - g)

Present Value

$13,331.66

Value of growing payment stream

First Payment

$1,000.00

Last Payment

$1,753.51

Total Payments$26,870.37

Growth Rate3.00%

Discount Rate7.00%

Present Value$13,331.66