Bank Deposit Calculator
Calculate bank deposit interest including 19% capital gains tax. Enter your principal, annual rate, and term in days to see your net profit and final payout.
The annuity calculator lets you quickly find the present value (PV) and future value (FV) of a series of equal payments made at regular intervals. An annuity is one of the most important concepts in personal finance, insurance, investment analysis and loan pricing. Whether you are evaluating a pension plan, a savings product, a leasing contract or a bond, understanding the time value of money through annuity formulas is essential. This calculator supports two standard annuity types: the ordinary annuity (payments at the end of each period) and the annuity due (payments at the beginning of each period). Simply enter the payment amount, the annual interest rate and the number of years to receive a complete summary including total payments, total interest earned and the present and future value multipliers.
Ordinary annuity PV = R × (1 − (1+r)^−n) / r. FV = R × ((1+r)^n − 1) / r. For annuity due multiply both by (1+r). R = payment, r = interest rate as a decimal, n = number of periods. When r = 0: PV = FV = R × n.
With a 1,000 PLN annual payment, 5% interest rate and 10 years (ordinary annuity): PV = 7,721.74 PLN, FV = 12,577.89 PLN. Total payments = 10,000 PLN, total interest = 2,577.89 PLN. For an annuity due, multiply both values by 1.05.
An annuity is a series of equal payments made at regular intervals over a fixed period. Common examples include pension payouts, insurance premiums, lease instalments and bond coupon payments. The time value of money means a future payment is worth less than the same payment today.
In an ordinary annuity payments are made at the end of each period (e.g. month or year). In an annuity due payments are made at the beginning of each period. The annuity due is worth more because each payment is discounted one fewer period, so its present and future values are higher by a factor of (1 + r).
PV of an ordinary annuity = R × (1 − (1 + r)^−n) / r, where R is the periodic payment, r is the interest rate per period and n is the number of periods. For an annuity due, multiply by (1 + r). When the interest rate is zero, PV = R × n.
FV of an ordinary annuity = R × ((1 + r)^n − 1) / r. This represents the accumulated value of all payments at the end of the annuity term, assuming each payment earns interest until that point. For an annuity due multiply by (1 + r).
Use the annual interest rate that matches the payment frequency. If your payments are annual and the annual rate is 5%, enter 5%. If payments are monthly, use the monthly rate (annual rate / 12) and set the number of periods to months. The calculator defaults to an annual rate with annual payments.
The PV annuity factor (also called the present value interest factor of an annuity, PVIFA) is the multiplier applied to the payment to get the present value: PVIFA = (1 − (1+r)^−n) / r. Multiplying PVIFA by any payment amount gives the PV without repeating the full calculation.
An annuity has a fixed, finite number of payments. A perpetuity is an annuity that pays forever. The present value of a perpetuity is simply R / r (payment divided by interest rate). Common examples of perpetuities include certain government bonds and preferred stock dividends.
A fixed-rate loan or mortgage is mathematically an annuity from the lender's perspective. The PV formula determines the loan amount for given monthly payments, rate and term. Rearranging the formula gives the periodic payment: R = PV × r / (1 − (1+r)^−n), which is used in mortgage calculators.
Yes. If you make equal deposits each year into a savings account at a fixed interest rate, the future value of those deposits equals the FV of an annuity. Enter your annual deposit as the payment, your expected annual return as the rate, and the number of years to see how much you will accumulate.
The results are mathematically precise to standard double-precision floating point arithmetic, rounded to 2 decimal places for display. The formulas follow the international finance standard. Differences from bank statements may arise from different compounding conventions (e.g. daily vs. monthly vs. annual compounding).
Results are for informational and educational purposes only. Actual terms of financial products may differ. Consult a qualified financial adviser before making financial decisions.
Calculate bank deposit interest including 19% capital gains tax. Enter your principal, annual rate, and term in days to see your net profit and final payout.