Try this site where you can compare quotes from different companies: WWW.ANNUITY-HELP.US What is the difference between the present value of an investment and the present value of an annuity? How ar? The present value of an annuity is determined by C/R times (1-(1/(1+r)^t)) That is the value that future cash payments discounted to the present are worth. The PV of an investment is just a present value of the return that the investment provides. If it is a dividend stock then the price = d/(r-g) where the rate is the cost of capital and growth is the dividend growth rate, and d is the next years dividend. (which is calculated by d(1+g))