Present Value of Growing Annuity Calculator
About This Tool
The online Present Value of Growing Annuity Calculator helps you calculate the present value of growing annuity (usually abbreviated as PVGA) which is the present value of a series of future periodic payments that grow at a constant growth rate.
Formula
The present value of growing annuity calculation formula is as following:
Where:
PVGA = present value of growing annuity
C1 = the first payment
r = interest rate per period
g = a constant growth rate per period
n = number of periods