| calc_fv_annuity | R Documentation |
Calculates the future value of a series of equal payments.
calc_fv_annuity(pmt, rate, n, type = 0)
pmt |
Payment amount per period. |
rate |
Interest rate per period (decimal). |
n |
Number of periods. |
type |
Payment timing: 0 for end of period (ordinary annuity), 1 for beginning of period (annuity due). |
Future value of the annuity.
calc_fv_annuity(pmt = 100, rate = 0.05, n = 10, type = 0)
calc_fv_annuity(pmt = 100, rate = 0.05, n = 10, type = 1)
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