annuity: Annuity Loan Calculation

In capitalR: Capital Budgeting Analysis, Annuity Loan Calculations and Amortization Schedules

Description

Calculates the payment, present value, future value, rate, or the number of periods

Usage

annuity(type = c("pv", "fv", "pmt", "nper", "rate"), pv, fv = 0, pmt,
  n, r, end = TRUE)

Arguments

type	Loan parameter to return. ("pv", "fv", "pmt", "nper", "rate")
pv	Present Value
fv	Future Value
pmt	Periodic Payment
n	Number of Periods
r	Rate
end	Logical, set to TRUE. If FALSE, payments are made at the beginning the period.

Value

Returns the selected Annuity Loan Parameter

Examples

annuity(type = "pmt", pv = -2000, fv = 0, n  = 4 * 12, r = 0.06/12, end = TRUE)

Example output

[1] 46.97006

capitalR documentation built on Dec. 1, 2019, 1:23 a.m.