Future Value of an Annuity (aka Ordinary Annuity)

In this video, I explain how you can calculate the Future Value of an Annuity using an example. This type of calculation is particularly important to evaluate situations where you are planning to make recurring deposits in order to save up a certain amount of money in the future (e.g. saving up for retirement, kids' education, etc.).

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[Yumamafresh]

Thank you so much in this teaching style/methodology that we actually learn without sales pitch.

[roshan]

Hey, I have a question. What would be the amount at the end of 5 years in case the interest is compounding semi-annually?