AgivenFcont | R Documentation |
Compute A given F with interest compounded continuously
AgivenFcont(F, n, r)
F |
numeric vector that contains the future value(s) |
n |
numeric vector that contains the period value(s) |
r |
numeric vector that contains the continuously compounded nominal annual interest rate(s) as a percent |
A is expressed as
A = F\left[\frac{e^{r} - 1}{e^{rn} - 1}\right]
the "annual equivalent amount (occurs at the end of each year)"
the "future equivalent"
the "nominal annual interest rate, compounded continuously"
the "number of periods (years)"
AgivenFcont numeric vector that contains the annual value(s) rounded to 2 decimal places
Irucka Embry
William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling, Engineering Economy, Fourteenth Edition, Upper Saddle River, New Jersey: Pearson/Prentice Hall, 2009, page 169.
library(iemisc)
AgivenFcont(300, 2, 11) # 11\% interest
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