| calc_compound_interest | R Documentation |
Calculates the final value under compound interest.
calc_compound_interest(pv, rate, n)
pv |
Present value. |
rate |
Interest rate per period (decimal). |
n |
Number of periods. |
Final value with compound interest.
calc_compound_interest(pv = 1000, rate = 0.10, n = 2)
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