PgivenFcont: Present value given Future value [continuous] (Engineering...
In iemisc: Irucka Embry's Miscellaneous Functions
PgivenFcont R Documentation
Present value given Future value [continuous] (Engineering Economics)
Description
Compute P given F with interest compounded continuously
Usage
PgivenFcont(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
P is expressed as
P = Fe^{-rn}
- P
the "present equivalent"
- F
the "future equivalent"
- r
the "nominal annual interest rate, compounded
continuously"
- n
the "number of periods (years)"
Value
PgivenFcont numeric vector that contains the present 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)
PgivenFcont(1000, 9, 7) # the interest rate is 7%
iemisc documentation built on Sept. 25, 2023, 5:09 p.m.
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| PgivenFcont | R Documentation |
Present value given Future value [continuous] (Engineering Economics)
Description
Compute P given F with interest compounded continuously
Usage
PgivenFcont(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
P is expressed as
P = Fe^{-rn}
- P
the "present equivalent"
- F
the "future equivalent"
- r
the "nominal annual interest rate, compounded continuously"
- n
the "number of periods (years)"
Value
PgivenFcont numeric vector that contains the present 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)
PgivenFcont(1000, 9, 7) # the interest rate is 7%
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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