Annuity Payment Calculator
	This calculator gives the annual payout amount of an ordinary annuity (immediate annuity). Based on the starting principal you invest, the number of years you would like to receive the payout and the annual rate of return the calculator will show you the amount of payout you will receive for the selected payout frequency of payment (monthly, quaterly or annualy).
	Starting Principal:	$
	Years to Pay Out:	years
	Annual rate of return:	% per year
	Frequency of payments:	monthly quaterly annually
	Balance graph
	Payment Schedule
	The pay out you will receive is $17,436.91 annually.
	After 20 years you will have received an estimated total of $348,738.20 in payments. This assumes you invest $200,000.00 with an annual rate of return of 6% and contract term is for 20 years.

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