# Future value of an annuity

## Description

Future value of an annuity is the future value of a stream of payments (annuity), assuming the payments are invested at a given rate of interest. The future value of an annuity formula has four variables.

Related formulas## Variables

FV_{A} | Future value of the annuity (dimensionless) |

A | The value of the individual payments in each compounding period (dimensionless) |

i | The discount rate, or the interest rate at which the amount will be compounded each period (dimensionless) |

n | The number of periods (dimensionless) |