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- To calculate annuity quotes, you can use the following methods12:
- To get an instant quote, select your Age, Gender, State of Residence, and Income Start Date. If you'd like a calculation covering yourself and a spouse, select your spouse's age and gender too. Next, enter a dollar amount in only one of the two boxes labeled Investment or Monthly Income. Then click Calculate.
- Alternatively, you can use the following formula to calculate annuity payments: P 0 = (PMT (1 – (1 + r / n) -nt) / (r / n) where P 0 = Principal, r = interest rate, n = number of payments per year and t = number of years of payments2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.To start, select your Age, Gender, State of Residence, and Income Start Date. If you'd like a calculation covering yourself and a spouse, select your spouse's age and gender too. Next, enter a dollar amount in only one of the two boxes labeled Investment or Monthly Income. Then click Calculate. Your quote appears instantly on the next page.www.immediateannuities.com/annuity-calculators/Annuity payments can be calculated using the following formula: P 0 = (PMT (1 – (1 + r / n) -nt) / (r / n) where P 0 = Principal, r = interest rate, n = number of payments per year and t = number of years of payments.www.annuity.org/annuities/immediate/annuity-calcu… - People also ask
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