Time Value of Money (TVM) and Annuities
applied
Discover how much guaranteed income could come your way – for the rest of your life.
Introduction
What’s an annuity calculator? You’re considering the prospect of a guaranteed life-long income from our pension annuity. So, naturally you want to get a feel for how much that income could be. Our annuity calculator just needs some basic information to give you an estimate of how much your life-long income could be with us – helping you to make an informed decision about your future.
Guiding Questions
- What mathematical models apply to this situation?
- What data do you need to collect and how will you analyze it?
- What assumptions are you making in your mathematical model?
- How can you validate your mathematical conclusions?
- What are the limitations of your approach?
Key Mathematical Concepts
Annuities
Compound Interest
Financial Mathematics
Investment