How to Form an LLC in Colorado #starting #an #llc #in #colorado


How to Form an LLC in Colorado

Here are the steps you need to take to form an LLC in Colorado. For more information on how to form an LLC in any state, see Nolo’s article How to Form an LLC .

1. Choose a Name for Your LLC

Under Colorado law, an LLC must contain the words or abbreviation limited liability company, ltd. liability company, limited liability co., ltd. liability co., limited, l.l.c., llc or ltd., Limited Liability Company,” “Limited Company,” or the abbreviation “L.L.C.,” “L.C.,” “LLC,” or “LC.” The word “Limited” may be abbreviated as “Ltd.,” and “Company” may be abbreviated as “Co.”

Your LLC s name must be distinguishable from the names of other business entities already on file with the Colorado Secretary of State. Names may be checked for availability by searching the Colorado Secretary of State business name database .

An available name may be reserved for 120 days by filing a Statement of Reservation of Name with the Colorado Secretary of State. The form must be filed online at the Secretary of State website. The filing fee is $25.

2. File Articles of Organization

A Colorado LLC is created by filing articles of organization online with the Colorado Secretary of State. You can view and download a sample articles of organization form on the Secretary of State s website.

The articles must include the LLC’s name and address; the name and address of LLC s registered agent, the name and address of the person forming the LLC whether the LLC will be run by a manager or members, and a few other details.

The articles of organization must be filed online and the filing fee is $50.

All of the paperwork and procedural steps to start a limited liability company in Colorado can be done online using Nolo’s Colorado Online LLC Formation application.

3. Appoint a Registered Agent

Every Colorado LLC must have an agent for service of process in the state. This is an individual or business entity that agrees to accept legal papers on the LLC s behalf if it is sued. The agent should agree to accept service of process on behalf of the limited liability company prior to designation. The registered agent may be (1) an individual who is a full-time resident of Colorado, (2) a Colorado business entity with its principal place of business in Colorado, or (3) a foreign entity authorized to do business in Colorado and that has a usual place of business in the state.

4. Prepare an Operating Agreement

An LLC operating agreement is not required in Colorado, but is highly advisable. For help creating an LLC operating agreement, see Form Your Own Limited Liability Company. by Anthony Mancuso (Nolo) or use Nolo s Online LLC. If an operating agreement is created, it need not be filed with the Articles of Organization.

5. Publication Requirements

6. Comply With Other Tax and Regulatory Requirements

Additional tax and regulatory requirements may apply to your LLC. These may include:

EIN: If your LLC has more than one member, it must obtain its own IRS Employer Identification Number (EIN), even if it has no employees. If you form a one-member LLC, you must obtain an EIN for it only if it will have employees or you elect to have it taxed as a corporation instead of a sole proprietorship (disregarded entity). You may obtain an EIN by completing an online application on the IRS website. There is no filing fee.

Register with Department of Revenue: In some cases, for example if you will be selling goods and collecting sales tax or if you have employees, you ll need to register with the Colorado Department of Revenue (DOR). For more information on state LLC tax registration, see Nolo’s article LLC Annual Report and Tax Filing Requirements: A 50-State Guide .

Business Licenses: Depending on its type of business and where it is located, your LLC may need to obtain other local and state business licenses.

7. File Periodic (Annual) Reports

Colorado LLCs must file a Periodic Report with the Colorado Secretary of State each year. The report must be filed online at the Secretary of State website. The filing fee is $10. The periodic reports are due during the three month period beginning on the first day of the anniversary month of the month when the LLC was formed. For example, if you formed your SMLLC on June 15, the report would be due each subsequent year between June 1 and August 31. You can also file the report up two months early. You may sign-up for email notification from the Secretary of State to alert you when the Periodic Report is due.

8. Foreign LLCs Doing Business in Colorado

All LLCs organized outside of Colorado must register with the Colorado Secretary of State to do business in Colorado. Foreign LLCs must appoint a registered agent for service of process physically located in Colorado. To register, file a Statement of Foreign Entity Authority. The application may must be filed online. The filing fee is $100.

Before filing, make sure the LLC s name is available in Colorado by checking the Colorado Secretary of State s business name database. If the name is not available, the LLC must provide an assumed entity name for use in Colorado.

Talk to a Business Law attorney.

Setting up an llc in michigan, setting up an llc in michigan.#Setting #up #an #llc #in #michigan


setting up an llc in michigan

Hurricane Harvey Relief Efforts:

Click here for information from the URJ (update from 8/30/2017)

5778/2017 High Holy Days

Setting up an llc in michigan

Click here to fill out your member High Holy Day Forms (HHD Appeal, Book of Remembrance, Child Care, Brotherhood Sisterhood Volunteering, etc).*

Click here to purchase non-member High Holy Day Tickets

If you are a member of a congregation outside of Austin and would like to attend services, please have your home congregation contact the CBI office with a request for reciprocal tickets.

Click on the links below for more details about High Holy Day Logistics:

Donate to our annual High Holy Day Food Drive, benefiting the Central Texas Food Bank. Every $1 donated creates 4 meals!

Setting up an llc in michigan


At CBI, we have learning for all ages – from religious school for our youth, post bnei mitzvah education, basic Judaism classes and Adult Education.

Setting up an llc in michigan

Social Action

Our community is actively involved with coordinating the efforts of the congregation’s activities, fulfilling the mitzvah of tikkun olam, repairing the world.

Setting up an llc in michigan

Hesed (Loving Kindness)

We have a caring community that helps provide support to our community in their times of need and joy.

Setting up an llc in michigan

Youth Groups

Combined social, educational, religious and social action programs to create opportunities for the synagogue’s children to create lasting friendships.

Setting up an llc in michigan

Solar Panels Pace Project

Congregation Beth Israel installed solar panels on the roof of the Shirley Barish Learning Center as part of our ongoing commitment to environmental stewardship. Another way that Congregation Beth Israel continues to improve on it’s commitment to the environment was its participation as the first organization to go through the PACE process and be approved. CBI has been nationally recognized for its commitment.

Air conditioner sizing tutorial #sizing #an #ac #unit


Learn how clean air makes the difference for your family’s home comfort.

Find out how all-new NorthCool air systems could help you save monthly coolong/heating costs.

Air Conditioner Sizing Tutorial.
How much air conditioner BTU’s I need?

Picking the right home air conditioner is very easy with the right information. Before buying an air conditioner, find out how many BTUs you need. This means think of the size of the room. and what the room will be used for. Matching Btu requirements to room size is very important when you buying an air conditioner system.

This air conditioner sizing tutorial will explain you how to choose the right air conditioner size. Choosing an air conditioner size that is too small (low BTU rating) for the intended room will leave you feeling hot and flustered! And buying an air conditioner that is too big for the room can have its problems too. So the main question is what does BTU mean?

BtuBritish Thermal Unit (Btu) is the international measure of energy. A Btu is the amount of heat needed to raise 1 (one) pound of water by 1(one) degree Fahrenheit. In HVAC industry, Btu’s measure the quantity of heat a conditioning unit can remove from a room per hours. One BTU per hour is equal to 0293 watts. As the Btu rating increases, so does the weight, size and cost of the air conditioner.
To calculate how many BTU’s you need you can use this table.

Recommended BTU Range

The following tables are estimates based on average room conditions in a moderate climate.

Exceptions are Kitchens – add 4,000 BTU cooling capacity to the recommended size.
High Ceilings/Unusual Floor Plans
– increase BTU by 10%.
Warmer Climates – may require 10-20% additional BTUs per room over regular amount.

BTU size too large:
A conditioner that has a bigger BTU rating than the room size needs will cycle off too quickly. The unit will not remove the humidity from the air properly.

Air Conditioner size too small:
A conditioner that has a smaller BTU rating than the room requires will run continuously. The unit will not cool the room adequately.

2009 North Cool Inc. All rights reserved.

Paramount Insurance Company #the #company #or #agency #that #writes #an #insurance #policy


Paramount Insurance
The Paramount Insurance Company has been in the automobile insurance industry since 1938. We are dedicated to giving our agents and customers the best quality service and products. We only write automobile insurance and only in Maryland and The District of Columbia.

If you are looking for the Paramount Insurance Company that writes Workers Comp, Home Owners and other Property Casualty insurance other than Auto in Maryland and The District of Columbia, click here.

Our primary line of business consists of non-standard automobile Liability and Physical Damage Insurance. We also sell Additional Coverages such as Full Window Glass, Towing & Labor, and Rental Reimbursement.

We have a great commission rate, which is higher than MAIF, and we also give you the opportunity to earn additional commissions by selling our Additional Coverages, as mentioned above, along with the Comprehensive and Collision Coverages.

Our experienced underwriting staff will make sure you have the correct coverage listed on your application and that you receive all of the many discounts we have available that you may qualify for.

Our Claims handling is done in-house, at our convenient Baltimore location by professionals with years of experience.

Echo Sign Link – Agents Only

Click Here for the link to the Paramount Echo Sign Login. When the login page appears bookmark the page or add to your favorites.

We hope that you will use The Paramount Insurance Company for your non-standard insurance needs.

For here at Paramount we are�

�The company that appreciates your business

There is no relationship of any kind between The Paramount Insurance Company located in Maryland and Paramount Insurance Company in New York who offers Workers Comp, Home Owners and other Property Casualty Insurance. If you are seeking assistance regarding a Workers Comp, Home Owners, Commercial Policy or an Auto Policy outside of Maryland or The District of Columbia, please contact them directly.

New York, NY 10016.

Interior Design Courses Online #accredited #online #interior #design #program, #learn #interior #design, #free #interior #decoration #course, #be #an #interior #decorator, #learn #cad #interiors #online


Online Interior Design Courses – Rhodec International


Whether you’re looking to improve your interior design skills or contemplating a complete career change, we have the interior design course to suit you.

Try our FREE “sampler” course first, with no obligation, to get a taste of the contents of the full Interior Decorator course.

A thorough introduction to the subject, comprising 10 detailed lessons with accompanying assignments.

Trains you to know, understand and put into practice the essentials of professional interior design. The course of study is structured in ten units.

Now you can study Computer-Aided Design (CAD) INSTEAD OF. or in addition to, Drafting in our Diploma Course.

Learn Revit Architecture for Interior Design 100% online with our partner college, CAD TRAINING ONLINE.

Upgrade to Bachelor of Arts in Interior Design status with just one further year of study on graduation from the Diploma Course, 100% by distance learning. Hands-on project and dissertation work.

Get answers to your health questions – WebMD Answers #ask #an #expert, #ask, #answer, #questions, #ask #a #question, #i #have #a #question, #i #have #an #answer, #answer #a #question, #health #questions, #health #question, #ask #a #medical #expert, #ask #a #doctor, #ask #a #physician, #ask #a #health #question


Important: The opinions expressed in WebMD User-generated content areas like communities, reviews, ratings, blogs, or WebMD Answers are solely those of the User, who may or may not have medical or scientific training. These opinions do not represent the opinions of WebMD. User-generated content areas are not reviewed by a WebMD physician or any member of the WebMD editorial staff for accuracy, balance, objectivity, or any other reason except for compliance with our Terms and Conditions. Some of these opinions may contain information about treatments or uses of drug products that have not been approved by the U.S. Food and Drug Administration. WebMD does not endorse any specific product, service, or treatment. Do not consider WebMD User-generated content as medical advice. Never delay or disregard seeking professional medical advice from your doctor or other qualified healthcare provider because of something you have read on WebMD. You should always speak with your doctor before you start, stop, or change any prescribed part of your care plan or treatment. WebMD understands that reading individual, real-life experiences can be a helpful resource, but it is never a substitute for professional medical advice, diagnosis, or treatment from a qualified health care provider. If you think you may have a medical emergency, call your doctor or dial 911 immediately.

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WebMD does not provide medical advice, diagnosis or treatment. See additional information.

Difference Between A Mature Relationship And An Immature Relationship #find #love #online

#mature dating


The Difference Between A Mature Relationship And An Immature Relationship

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Mature couples don’t “fall in love,” they step into it. Love isn’t something you fall for; it’s something you rise for.

Falling denotes lowering oneself, dropping down and being stuck somewhere lower than where you started. You have to get up from falling.

Love isn’t like that — at least not with people who are doing it right. Immature couples fall; mature couples coast. Because love is either a passing game, or it’s forever. Love is either wrong, or it’s right. A couple is either mature or immature.

How do you know? How can you tell if your relationship is in it for the long haul or the two-month plummet everyone predicted behind your love-obsessed back?

First, it should be easy, from the beginning to end. There are no passionate fights with passionate make-up sex. There’s no obsessive calling, texting or worrying.

There’s no real drama. Because drama is for kids. Drama is for people who don’t know how to have a relationship — who live by idealistic, preconceived notions that love must be wild and obsessive.

Love is easy. It’s the easiest thing you’ve ever done. It’s the calmest place in your life, the safest blanket you’ve ever worn. It’s something that happens naturally; it doesn’t need to be fought for day in and day out.

When you love someone, and he or she loves you, and there’s no doubt to his or her feelings and no doubt to yours, that’s peace of mind. A peace of mind you’ve never had before. the kind that humbles and revives you.

A mature relationship lives by this peace of mind; immature ones drown in it.

Immature relationships ask questions; mature relationships answer them

Immature relationships are all about doubts. Does he love me? Is she cheating on me? Will we be together in two months?

Mature couples don’t need to ask questions. They already know the answers, and they don’t need reassurance from their partners.

They are comfortable and secure and free of doubt because mature love isn’t about all those small questions, but a comfort in knowing the big one is answered.

Immature relationships leave you wanting something; mature relationships give you what you need

There’s a void in immature relationships, an apparent absence and incessant worry that something’s missing.

It eats away at you when you go to sleep or leave each other for just a few hours. It burns dimly when you’re together, but you wave it off with sex and constant chatter.

Mature relationships have no void. There are no empty spaces or tiny cracks. There is never a feeling that something has been taken away or is leaving with the other person.

The love between the two mature people fills every crack in the fiber of their being they didn’t know they had.

Immature relationships are striving to be one complete person; mature relationships are okay being two

Immature relationships are formed by two incomplete people. They are two halves trying to make one whole.

They are two people looking for something that can’t be found in another person. They dominate each other, force themselves together and make one flawed mesh of a human.

Mature couples never strive to be one. They are two individual people looking to make two better people. The love between the two of them isn’t about making both of them whole again, but more individual.

It’s about pushing each other to pursue their passions, interests and become the best person possible.

Immature relationships lose their drive; mature relationships make you more motivated

We all get wrapped up in love. It’s easy to spend days in bed and weekends in the hazy world of blankets and kisses.

But eventually, that smothering love is replaced with motivated love — a type of love that comes when you want to make a life with someone and work hard to get that life. Immature couples never get to this.

They never feel that motivation to leave each other only to come back more successful and more determined to make a life for the two of them.

Immature relationships fight over text messages; mature relationships are always face-to-face

Fighting is natural; texting is not. Mature couples do not spend their days bickering over a screen.

When they have something to work out, they do it face to face — where the meanings can’t be misconstrued by emojis and auto correct. Immature couples fuel their relationship with incessant bickering and lengthy messages.

Immature couples see long texts as evidence of their “relationship” and find comfort in spending hours hiding behind their phones. They argue just to argue; mature couples fight for their future.

Immature relationships are about trying to find yourself; mature relationships already know themselves

Relationships are only for two complete people looking for companionship, yet many incomplete people look for it to complete them. This is when mature relationships and immature ones split.

You can’t have a healthy relationship with two unhealthy people. When you’re trying to use someone to complete you, you’re creating an incomplete relationship.

Immature relationships are threatened by everyone else; mature relationships enjoy meeting other people

There are always going to be people in your life, pasts to each person and surprises behind closed doors.

Mature couples, however, do not feel threatened by strangers and past lovers. They are confident in their love and their partner’s love.

Immature couples find threats in everyone. They’re delusional and paranoid because their love is superficial. They do not have a strong enough foundation to effortlessly glide past all the distractions and threats.

Immature relationships live by preconceived timelines; mature relationships let everything happen naturally

There’s no right or wrong time to move in together. There’s no specific year to get married and definitely not a timeline for your life together.

When you’re in love, things happen at their own pace. You feel things, and you follow your heart.

Immature couples, however, don’t have those feelings, those instincts and those effortless moments. They make up rules and guidelines and assume time is the only thing that makes or breaks their relationship.

Immature relationships judge you on your past; mature relationships help you carry it

We all have a past, and in many cases, one we’re not proud of. We can’t help what happened to people before we knew them. All that matters is how they are now. Immature couples, however, refuse to see beyond the past.

Mature couples don’t just accept one another’s pasts but want to help heal the wounds. They look beyond the mistakes and the flaws toward the beauty in the future together.

Subscribe to Elite Daily’s official newsletter, The Edge. for more stories you don’t want to miss.

PhD in Metaphysics, Pastoral Counseling, Religion, Religious Studies, Seminary degree online #phd #programs #online, #phd #in #religion, #phd #religious #studies, #phd #in #metaphysics, #religious #phd, #doctorate #degrees, #online #ordination, #become #an #ordained #minister, #online #phd #programs


Online PhD Degree Programs

  • Ph.D. in Religion. or Ph.D. in Religious Studies
  • Ph.D. in Metaphysics
  • Ph.D. in Pastoral Counseling. or Ph.D. in Spiritual Counseling
  • Other Religious Ph.D. tailored specifically to your work


If you are a spiritual counselor or healer, author, speaker, researcher or independent scholar in the field of religion and spirituality, including emerging, alternative, esoteric, or contemporary spirituality, you are perfectly suited to our online Ph.D. degree programs.

The Esoteric Theological Seminary is unique in our lack of dogma, and cutting edge with our emerging spirituality studies and flexible distance learning program. Degrees earned here are religious degrees, not academic (not to be confused with a Ph.D. in English or Chemistry, which are academic fields).

Become a Rev. Dr.

Our Doctoral Degrees are conferred only to ordained ministers, so if not already an ordained minister, Rabbi or other clergy, you will apply for no-cost ordination at the same time as applying for the degree. Ordination tuition is completely waived since you are seeking the PhD doctorate degree at the same time. Step by step instructions below.

You will be able to write your name two ways:
Rev. Dr. Terry Smith or Rev. Terry Smith, Ph.D.

You may customize your religious PhD to suit the work you are doing. Other PhD’s we’ve conferred are: the PhD in Spiritual Philosophy, Religious Education, etc.
Just ask if you are seeking a religious PhD not listed here

Benefits to You Your Clients:
Those you counsel will be reassured by your advanced religious credentials. The PhD is the most respected degree in the world. The PhD in Metaphysics gives the added advantage of enabling the degree holder to be called a metaphysician. It is uniquely suited not just to religious philosophers but to spiritual healers and metaphysical healers. Metaphysician means beyond [physical] healing . If this is what you do, why not get the credentials you deserve and put
Rev. Dr. Terry Smith, Metaphysician on your business cards.

Once you become an alumni of the Seminary, you can join the Seminary’s exclusive forum to meet and network with your many fellow alumni. You also receive life-time letter of recommendation and reference service, transcript service (transcripts require a fee) and free support / guidance for starting your own spiritual practice, center, church, research or teaching center including friendly advice on tax-exempt status, incorporating, etc. Here at the Esoteric Theological Seminary you will experience the human touch from faculty, staff and alumni, and may be asked to contribute your skills and time to your spiritual community in a leadership position.

We are living in a spiritually-starved and struggling world. Many people feel disconnected and downright confused about life’s ultimate questions. Be one of the light-holders helping fellow humans make sense of it all, helping them step up to the next level. Being the best of the best means you must serve, must minister to a higher, nobler cause than mundane life.

More on the legality and legitimacy of our degrees below

Note the Doctor of Philosophy originally was a religious degree and still can be obtained in its original form only in seminaries and religious universities around the world. The Esoteric Theological Seminary, the educational institution of the Esoteric Interfaith Church, Inc. is part of that unbroken heritage of religious schools, and is one of the few places you can get the original religious Ph.D. (See the History of the PhD if you are interested in the historical evolution of the Ph.D. from religious degree to academic degree).

Just follow these Steps:

1. Fill out the Ph.D. Application. Ordination as a minister is FREE with your PhD.
2. We notify you of acceptance usually within 24 – 48 hours of receiving your Ph.D. application. Pay one-time Tuition Fee of $890.00, which includes everything: Ph.D. degree diploma, Certificate of Ordination, wallet cards showing both your new credentials in miniature, and free shipping.

PAYMENT PLAN: Our tuition costs are the lowest among Seminaries, but still we recognize some applicants may not be able to submit the entire $890 tuition up front, so we have a Payment plan available .

The following steps can be completed in any order:

3. Email scanned copy or snail mail to the Seminary any college level transcripts you may have. Previous college or seminary training is not required, but we want to see transcripts if you do have them. If you can’t scan and email, you may snail-mail your transcript(s) to us at: Esoteric Interfaith Church Seminary, Inc. 2753 E. Broadway Rd. Suite 101-408, Mesa, AZ 85204-1574
4. Email your reasons for desiring the Ph.D. and how you will use it. Describe any work and experience in the field of spirituality.
5. Submit by Email your spiritual history (tell the story of religion spirituality in your life from childhood to present)
6. Submit by Email your 4000 (or more) word thesis / dissertation paper. Write on any religious, metaphysical or spiritual topic. We prefer you submit your paper by email as a Word document or PDF file, but you can print it out and snail mail it, if you prefer.
7. OPTIONAL: Take our enjoyable online Ph.D. Religion course (not required depending on your field experience, life experience and previous religious education). Upon application you will be sent links to our other online PhD courses you may complete.

Your Degree Diploma: Once the above steps are all met, we will send you your beautiful bonafide diploma — with raised seal, official logo, signed in person. not by a computer. It is very suitable for framing, and we also send you a wallet card showing your new Ph.D. credentials. Transcripts are available for a transcript fee. We send them directly to the institution of your choice, and to you. Here is a photo of one of our graduates holding her PhD diploma.

Legality Legitimacy
Our institution is a legally recognized non-profit 501(c)3 organization permitted by our state law to grant religious degrees. We are exempt from accrediting requirements because we confer only religious degrees, not academic ones, degrees designed for working clergy. You may wish to read our FAQ page for more information on our legal and accreditation status.

Other Online Doctoral Programs
If the Ph.D. requirements are too much for your schedule, you might wish to receive the theological equivalent of the Ph.D. the Doctor of Theology –Th.D. Or you may wish to pursue a Doctor of Divinity or Doctor of Ministry degree from our Seminary. These are time honored religious doctoral degrees which take less time and have lower tuition fees, but still allow you to attach Dr. to your name and letters after your name (post-nominal letters). We also have Bachelors and Masters degree programs in Religion, Divinity, Theology, etc.

School Colors: The colors of the Seminary are emerald green and ivory. You may wish to order a cap and gown and a doctoral sash for an official portrait photograph. (The Seminary store does not carry these items, but you may order them from cap and gown companies).

PAYMENT PLAN. Our tuition is the lowest among Seminaries around the world, both distance learning and brick and mortar. But we know some degree candidates may have special circumstances which prevent them from submitting the $890 tuition all at once. We have a Payment plan available .

Present Value of Annuity – Formula and Calculator, value of an annuity.#Value #of #an #annuity


Present Value of Annuity

Value of an annuity

The present value of annuity formula determines the value of a series of future periodic payments at a given time. The present value of annuity formula relies on the concept of time value of money, in that one dollar present day is worth more than that same dollar at a future date.

Rate Per Period

As with any financial formula that involves a rate, it is important to make sure that the rate is consistent with the other variables in the formula. If the payment is per month, then the rate needs to be per month, and similarly, the rate would need to be the annual rate if the payment is annual.

An example would be an annuity that has a 12% annual rate and payments are made monthly. The monthly rate of 1% would need to be used in the formula.


The formula shown has assumptions, in that it must be an ordinary annuity. These assumptions are that

2) The rate does not change

3) The first payment is one period away

If the payment and/or rate changes, the calculation of the present value would need to be adjusted depending on the specifics. If the payment increases at a specific rate, the present value of a growing annuity formula would be used.

If the first payment is not one period away, as the 3rd assumption requires, the present value of annuity due or present value of deferred annuity may be used. An annuity due is an annuity that s initial payment is at the beginning of the annuity as opposed to one period away. A deferred annuity pays the initial payment at a later time.

How is the PV of Annuity Formula derived?

The present value of a series of payments, whether the payments are the same or not, is

Value of an annuity

When the periodic payments or dividends are all the same, this is considered a geometric series. By using the geometric series formula, the formula can be rewritten as

Value of an annuity

This equation can be simplified by multiplying it by (1+r)/(1+r), which is to multiply it by 1. Notice that (1+r) is canceled out throughout the equation by doing this. The formula is now reduced to

Value of an annuity

The P s in the numerator can be factored out of the fraction and become 1. The 1 s in the denominator of the formula are subtracted from one another. After making these adjustments, the formula is simplified to the present value of annuity formula shown on the top of the page.

Present Value Annuity Calculator for Retirement Funding or Loans, value of an annuity.#Value #of #an #annuity


Present Value Annuity Calculator to

Calculate PV of Future Sum or Payment

This free online Present Value Annuity Calculator will calculate the present value of an annuity starting with either a future lump sum, or with a future payment amount.

Plus, this online annuity calculator will calculate present value for either an ordinary annuity, or an annuity due, and display a year-by-year chart so you can see the how the balance will decline to zero over the course of the entered number of years.

If you are not sure what present value is, or you wish to calculate present value for a lump sum only, please visit the Present Value of Lump Sum Calculator.

Or, if you would like to calculate the future value of an annuity, please visit the Future Value Annuity Calculator — which also includes answers to What is Annuity? and Annuity Due Vs. Ordinary Annuity? in case you’re not familiar with the terms used on this page.

What is Present Value of An Annuity?

Present value of an annuity is a time value of money formula used for measuring the current value of a future series of equal cash flows.

The two most popular uses are for calculating loan payments and for calculating retirement funding needs. Both use the same formula, it’s just that they work in opposite directions.

For example, if you would like have enough money in a retirement account so that you can withdraw $2,000 per month for twenty years, and you believe you can earn 6% on your money, present value calculations will tell you that you will need to have $279,161.54 in your retirement account on the day you retire.

Conversely, if you wanted to take out a $279,161.54 mortgage for a home on a 6%, 20-year monthly repayment term, present value calculations with tell you that your monthly payments will be $2,000.00.

Being On the Right Side of Compounding Interest Equation

Continuing with the above example, if you multiply the number of mortgage payments by the number of payment periods, you will find that the total of all monthly payments for the 20-year mortgage add up to $480,000 ($2,000 x 12 months x 20 years). That’s $200,838.46 more than the $279,161.54 you borrowed!

So why are you paying back so much more than you borrowed? The difference is the result of compounding interest. And in the case of a mortgage loan, interest is being compounded on the entire amount you owe each time you make a payment. This means you are being charged interest on the same borrowed dollars many times over. In fact, by the time you pay back the last dollar you owe to the mortgage company, you will have been charged the full annual interest rate on that dollar 20 times. Ouch!

On the other hand, if you could manage to accumulate $279,161.54 in an account earning 6% compounding interest, you could withdraw $2,000 from the account every month for 20-years — which is $200,838.46 more than you started out with!

Again, that is the due to compounding interest. But in this case YOU are the lender who is charging the borrower interest over and over again on many of the dollars you loaned them. And the most important thing to be aware of in this scenario, is that the difference between receiving $200,838.46 more than you lend and paying out $200,838.46 more than you borrow is actually $401,676.92 (+$200,838.46 – -$200,838.46 = $401,676.92)! This is why it’s so important to be on “the right side of the compounding interest equation.”

With that, let’s use the Present Value Annuity Calculator for calculating present value of annuity starting with either a future sum or with a future payment amount.

Value of an annuity

Present Value Annuity Calculator Glossary of Terms

Value of an annuity

Value of an annuity

Type of annuity: Select the type of annuity. An Annuity Due indicates payments are received or made at the beginning of each period, whereas an Ordinary Annuity indicates payments are received or made at the end of each period. As its name implies, an ordinary annuity is the most common of the two types, and is nearly always the type used for calculating loan payments.

Starting future value: Choose whether you would like to calculate the present value of an annuity starting with a future lump sum or starting with future payment amount, then enter the corresponding future value amount. Lump sum present value annuity calculations are typically used for calculating loan payments, where you start with a future lump sum or loan amount and work backwards to find the payment amount. Present value of a future payment amount are typically used for calculating retirement savings needed to generate the desired retirement income, where you start with a desired payment amount and work backwards to find the deposit amount needed.

Payment/withdrawal frequency: Select the payment/deposit frequency you want the present value annuity calculator to use for the present value calculations.

Number of years to calculate present value for: Enter the number of years you would to calculate present value for.

Present value discount rate: Enter the annual present value discount rate to be used for the present value calculations. Please enter as a percentage (for .06, enter 6%). Note that the present value annuity calculator will convert the annual discount rate to the rate that corresponds to the payment frequency. For example, if you selected a monthly payment frequency, the present value annuity calculator will divide the annual rate by 12.

Present value of an annuity: Based on your entries, this is the present value of the annuity you entered information for. If you chose to enter a future lump sum, this result represents the periodic payment amount needed to repay a loan within the specified time period. Or, if you chose to enter a future payment amount, this result represents the amount you would need to deposit now in order to be able to withdraw the payment during each period interval over the course of the entered number of years.

Total of annuity payments/withdrawals: Based on your entries, this is the total of all payments received (annuity) or made (loan) — depending on whether you chose to calculate present value starting with a future lump sum, or starting with a future payment amount.

Compound interest earned/paid on annuity: Based on your entries, this is how much compound interest will be earned or paid on the annuity or loan.