AgivenFcont: Annual value given Future value [continuous] (Engineering...
In iemisc: Irucka Embry's Miscellaneous Functions
AgivenFcont R Documentation
Annual value given Future value [continuous] (Engineering Economics)
Description
Compute A given F with interest compounded continuously
Usage
AgivenFcont(F, n, r)
Arguments
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
Details
A is expressed as
A = F\left[\frac{e^{r} - 1}{e^{rn} - 1}\right]
- A
the "annual equivalent amount (occurs at the end of
each year)"
- F
the "future equivalent"
- r
the "nominal annual interest rate, compounded
continuously"
- n
the "number of periods (years)"
Value
AgivenFcont numeric vector that contains the annual value(s)
rounded to 2 decimal places
Author(s)
Irucka Embry
References
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.
Examples
library(iemisc)
AgivenFcont(300, 2, 11) # 11\% interest
iemisc documentation built on Sept. 25, 2023, 5:09 p.m.
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| AgivenFcont | R Documentation |
Annual value given Future value [continuous] (Engineering Economics)
Description
Compute A given F with interest compounded continuously
Usage
AgivenFcont(F, n, r)
Arguments
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 |
Details
A is expressed as
A = F\left[\frac{e^{r} - 1}{e^{rn} - 1}\right]
- A
the "annual equivalent amount (occurs at the end of each year)"
- F
the "future equivalent"
- r
the "nominal annual interest rate, compounded continuously"
- n
the "number of periods (years)"
Value
AgivenFcont numeric vector that contains the annual value(s) rounded to 2 decimal places
Author(s)
Irucka Embry
References
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.
Examples
library(iemisc)
AgivenFcont(300, 2, 11) # 11\% interest
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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