# What is an annuity table?

**annuity table**is a tool for determining the present value of an

**annuity**or other structured series of payments. Figuring the present value of any future amount of an

**annuity**may also be performed using a financial calculator or software built for such a purpose.

Besides, how do I know which annuity table to use?

An **annuity table** typically has the number of payments on the y-axis and the discount rate on the x-axis. Find both of them for your **annuity** on the **table**, and then find the cell where they intersect. Multiply the number in that cell by the amount of money you get each period.

Also Know, what is the present value of an annuity? The **present value of an annuity** is the **current value** of future payments from an **annuity**, given a specified rate of return, or discount rate.

Similarly one may ask, how much does a 100000 annuity pay per month?

According to Fidelity, a **$100,000** deferred income **annuity** today that is purchased by someone at age 60 **would** generate $671.81 a **month** ($8,061.72 a year) in income for a woman and $696.89 a **month** ($8,362.68 a year) in income for a man. **Payments** to women are lower because they have longer lifespans than men.

What is the annuity formula?

An **annuity** is a series of periodic payments that are received at a future date. The present value portion of the **formula** is the initial payout, with an example being the original payout on an amortized loan. The **annuity** payment **formula** shown is for ordinary **annuities**.