| calc_present_value | R Documentation |
Calculates the present value of a future amount given an interest rate and number of periods.
calc_present_value(fv, rate, n)
fv |
Future value. |
rate |
Interest rate per period (decimal, e.g. 0.05 for 5%). |
n |
Number of periods. |
Present value.
calc_present_value(fv = 1100, rate = 0.10, n = 1)
calc_present_value(fv = 1000, rate = 0.05, n = 5)
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