Annuity Calculator for Excel

Annuity Calculator for Excel


Editors' Rating:
5
Spectacular
Average User Rating:
5.0
out of 1 votes
See all user reviews

Quick Specs

Version:
1.1
File Size:
58.46KB
Date Added:
November 17, 2010
Price:
Free
Operating Systems:
Windows XP/2003/Vista/7
Total Downloads:
17,189
Downloads Last Week:
20
Product ranking:
#14 in Calculators
Additional Requirements:
Microsoft Excel 2002(XP)/2003/2007/2010

Editors' review

Annuities are a popular way to invest your money, especially if you're risk-averse and like the security of having a guaranteed income from your investments. Annuity Calculator for Excel is a simple Excel workbook that can help you determine exactly what you can expect your annuity income to look like.

Annuity Calculator for Excel comes as an XLS file and requires no installation; all you have to do is open it in Excel. Far from being just a spreadsheet full of numbers, the calculator has an attractive layout and enough explanatory text to give even beginners an idea of what's going on. Users enter their starting principal, annual interest rate, years to pay out, payment frequency, payment type, and annual inflation rate. The workbook then calculates a payout schedule that includes the interest earned, payout amount, balance, and cumulative interest. A second workbook page allows users to solve for annual payment, starting principal, and years to payout. An online Help file offers plenty of instructions and even a demo video. As the workbook's disclaimer mentions, the results are only estimates, and you should consult a qualified professional about any financial decisions.

Still, Annuity Calculator for Excel is an excellent starting point for anyone who wants to see how an annuity might fit into his or her financial future. It's free and easy to use, so it's worth checking out, even if you're just curious.

Publisher's Description

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All User Reviews
  • All Versions:

    5.0

    out of 1 votes

    • 5 star: 1
    • 4 star: 0
    • 3 star: 0
    • 2 star: 0
    • 1 star: 0
  • Current Version:

    5.0

    out of 1 votes

    • 5 star: 1
    • 4 star: 0
    • 3 star: 0
    • 2 star: 0
    • 1 star: 0
  • My rating:

    0 stars

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    Results 1-1 of 1

  • 5 stars

    "Great addition to my growing list of Excel workbooks"

    May 08, 2011   |   By waynecnet1

    Version: Annuity Calculator for Excel 1.1

    Pros

    Easy to use and format which for we Excel users is what we want

    Cons

    None down now and use

    Summary

    It is just of of the 100's of great products listed here at cnet/download.com
    And most of them are glich free and easy to setup or download

    Reply to this review

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  • Results 1-1 of 1

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