Annuity Table

If you’re buying something by shelling out regular payments that are due at the same time all the time (annuities, not the payment on the binge shopping you did two years ago), you’ll want to use an annuity table to find out how much your new purchase will be worth in the future.

As Accounting Tools helpfully points out, to do this, you’ll deduct interest and figure out how much of the principal amount you’ve paid off. And voila...