• An annuity table is a tool used to determine the current value of an annuity.

  • The annuity table calculates the present value of an annuity using a formula that applies a discount rate to future payments.
  • The annuity table uses the discount rate and the number of payment periods to give you the appropriate ratio.
  • Using the annuity table, you will multiply the amount of your regular payment in dollars by a given factor.