present_to_annual: Compute annual payment from present value 'present_to_annual'...

In EngrEcon: Engineering Economics Analysis for Engineering Projects Cost Analysis

Compute annual payment from present value present_to_annual Compute uniform series annual payments from present value using capital recovery factor (crf)

Description

Compute annual payment from present value

present_to_annual Compute uniform series annual payments from present value using capital recovery factor (crf)

Usage

present_to_annual(i, n, PV)

Arguments

i	discount rate in percent per year
n	life span in years
PV	present value

Value

ann.value

References

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

Examples

# Result: ann.value = $17765.49
present_to_annual(0.08, 30, 200000)  

EngrEcon documentation built on May 29, 2024, 4:56 a.m.