| calc_future_value | R Documentation |
Calculates the future value of a present amount given an interest rate and number of periods.
calc_future_value(pv, rate, n)
pv |
Present value. |
rate |
Interest rate per period (decimal). |
n |
Number of periods. |
Future value.
calc_future_value(pv = 1000, rate = 0.10, n = 1)
calc_future_value(pv = 500, rate = 0.05, n = 10)
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