View source: R/future_to_present.R
future_to_present | R Documentation |
future_to_present
calculate present value from future value using
present worth factor (pwf)Compute present values from future payments (or cash flow)
future_to_present
calculate present value from future value using
present worth factor (pwf)
future_to_present(i, n, FV)
i |
discount rate in percent per year |
n |
life span in years |
FV |
future value |
pr.value
Newnan, D. G., Eschenbach, T. G., Lavelle, J. P., & Oxford, N. Y. Engineering Economic Analysis, 14th ed. New York, Oxford University Press, 2020
David, W., & Terry, R. Fundamentals of Engineering Economics and Decision Analysis. Springer Nature, 2012
# Result: pr.value = 2981.32
future_to_present(0.08, 30, 30000)
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