View source: R/present_to_future.R
present_to_future | R Documentation |
present_to_future
calculate future value from present value using
compound amount factor (caf)
present_to_future(i, n, PV)
i |
discount rate in percent per year |
n |
life span in years |
PV |
present value |
fr.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: fr.value = 9056391
present_to_future (0.08, 30, 900000)
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