R/financial.R
In davetgerrard/utilsGerrardDT:
Defines functions
monthly
monthly <- function(principal, annual.interest, years=25, payments=12*years, monthly.interest=annual.interest/12) {
payment <- principal * ( (monthly.interest * ((1 + monthly.interest)^payments)) / (((1+monthly.interest)^payments)-1))
return(payment)
}
monthly(100000, 0.03)
monthly(100000, 0.05)
monthly(200000, 0.05)
davetgerrard/utilsGerrardDT documentation built on March 3, 2023, 5:12 p.m.
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.
Defines functions monthly
monthly <- function(principal, annual.interest, years=25, payments=12*years, monthly.interest=annual.interest/12) {
payment <- principal * ( (monthly.interest * ((1 + monthly.interest)^payments)) / (((1+monthly.interest)^payments)-1))
return(payment)
}
monthly(100000, 0.03)
monthly(100000, 0.05)
monthly(200000, 0.05)
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.
Embedding an R snippet on your website
Add the following code to your website.
For more information on customizing the embed code, read Embedding Snippets.