FgivenPcont | R Documentation |
Compute F given P with interest compounded continuously
FgivenPcont(P, n, r)
P |
numeric vector that contains the present 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 |
F is expressed as
F = Pe^{rn}
the "future equivalent"
the "present equivalent"
the "nominal annual interest rate, compounded continuously"
the "number of periods (years)"
FgivenPcont numeric vector that contains the future 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 169-170.
library(iemisc)
# Example 4-33 from the Reference text (page 170)
FgivenPcont(10000, 2, 5) # the interest rate is 5%
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