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Linda Adams
 
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Default Annualised interest rate

Is it possible to work out an annulised interest rate of a savings plan
given that I have the following data:

1. annual premium
2. number of years (i.e. premiums)
3. anticipated future value

I know how to find out the Average Growth Rate of an investment (MS KB
article 123198) but this assumes that a lump sum investment has been made at
the start of the period. How can I calcualte what the anticpated growth on
an investment plan with annual premiums is?

Linda Adams