Layout 2. Set up an Annuity Find the current interest rate for an annuity. (Google Annuity rates or the web site bankrate.com are other options to find this information). Since many accounts have a varying rate, use the rate that they are using for this month to do your calculations. You may want to look around to find the best one for you. Calculate out how much you would like to put into the annuity at the end of each month. Let's say you will do this for 20 years. Use the table below to show how much you will have after x amount of years. Answers go into table with work below/attached. Number of Years Total Amount in Account Deposit Total Interest Earned 5 10 15 20 p = r = n = Work for 5 Years (t = 5) Work for 10 Years (t = 10) Work for 15 Years (t = 15) Work for 20 Years It = 20) Layout 2. Set up an Annuity Find the current interest rate for an annuity. (Google Annuity rates or the web site bankrate.com are other options to find this information). Since many accounts have a varying rate, use the rate that they are using for this month to do your calculations. You may want to look around to find the best one for you. Calculate out how much you would like to put into the annuity at the end of each month. Let's say you will do this for 20 years. Use the table below to show how much you will have after x amount of years. Answers go into table with work below/attached. Number of Years Total Amount in Account Deposit Total Interest Earned 5 10 15 20 p = r = n = Work for 5 Years (t = 5) Work for 10 Years (t = 10) Work for 15 Years (t = 15) Work for 20 Years It = 20)