gaip: Graduated annuity initial payment (payments grow at constant...

Description Usage Arguments Details Value Examples

Description

gaip initial payment for a graduated annuity growing at rate g

Usage

1
gaip(p, i, n, g, end)

Arguments

p

principal

i

interest rate

n

number of periods

g

growth rate of payments (annual)

end

if TRUE, payment at the end of period

Details

Returns POSITIVE payment for positive principal

Value

The initial payment in the graduated annuity

Examples

1
2
gaip(100, 0.08, 10, 0.04)
gaip(100, 0.08, 10, 0.02, end = TRUE)

donboyd5/ptools documentation built on May 15, 2019, 10:39 a.m.