This growing annuity payment formula FV calculates the initial annuity payment required to provide a given future value FV using a growing annuity. The growing annuity payment formula assumes payments are made at the end of each period for n periods and are growing or declining at a constant rate (g), and a discount rate i is applied.

# Periodic Payment

## Annuity Due Payment Formula FV

## Growing Annuity Payment Formula PV

This growing annuity payment formula PV calculates the initial annuity payment required to provide a given value today PV (present value) using a growing annuity. The growing annuity payment formula assumes payments are made at the end of each period for n periods and are growing or declining at a constant rate (g), and a discount rate i is applied.

## Annuity Due Payment Formula PV

## Annuity Payment Calculator

## Auto Loan Payment Example

A car is financed using a three-year loan. The loan has a 8% nominal annual interest rate, compounded monthly. The price of the car is 7,000, and a deposit of 2,000 is paid in cash. Calculate the monthly auto loan payments, assuming that the payments start one month after the purchase.

## Excel PMT Function

The Excel PMT function is used to calculate the payment (Pmt) in time value of money calculations. For example, it can calculate the payments needed to clear a loan balance, the deposits to a savings account to grow to a future value, or annuity and annuity due payments from a lump sum investment.

## Annuity Payment Formula FV

## Annuity Payment Formula PV

## How to Calculate a Lease Payment

A lease is a method of financing the use of an asset, and is an agreement between a lessee (who rents the asset), and a lessor (who owns the asset). The lessor is usually a lease company or finance company.

The lessee rents the asset from the lessor in return for a periodic rental payment. The lessee never owns the asset, and at the end of the term it is returned to the lessor or a secondary period of rental is entered into.

## Loan Constant Tables

## How to Calculate a Debt Constant

The debt constant sometimes referred to as the loan constant or mortgage loan constant is the ratio of the constant periodic payment on a loan to the original loan.

The debt service constant is only relevant to loans that have a fixed interest rate over the term of the loan, and is used to make quick calculations of the amount needed to repay a loan over its term, and the balance outstanding on the loan at any point in time.