The Future Value of Growing Annuity Calculator helps you calculate the future value of growing annuity (usually abbreviated as FVGA), which is the future value of a series of periodic payments that grow at a constant growth rate.
The future value of growing annuity calculation formula is as follows:
FVGA = future value of growing annuity
C1 = the first payment
r = interest rate per period
g = a constant growth rate per period
n = number of periods