pv.annuity: Returns the present value of annuity payments (spending) made...

View source: R/pv.annuity.R

pv.annuityR Documentation

Returns the present value of annuity payments (spending) made in the future (fv)

Description

Returns the present value of annuity payments (spending) made in the future (fv)

Usage

pv.annuity(
  rate = 0,
  inflation = 0,
  nper = 1,
  pmt = 0,
  pmtinfladj = FALSE,
  pmtUltimo = TRUE
)

Arguments

rate

The interest rate per period. Default is zero. Must be entered as decimal

inflation

The inflation rate per period. Default is zero. Must be entered as decimal

nper

The total number of payment periods. Default is one period

pmt

The payment (spending) made each period (annuity) in the future. Must be entered as a negative number.

pmtinfladj

Should the payments be inflation adjusted? E.g. are the annuity pmt constant or real annuities. Default value = FALSE.

pmtUltimo

When payments are due. TRUE = end of period, FALSE = beginning of period. Default is TRUE.

See Also

pv

Examples

pv.annuity(rate=0.01,inflation=0, nper=10,pmt=-10,pmtinfladj=FALSE,pmtUltimo=TRUE)

eaoestergaard/UNPIE documentation built on Aug. 23, 2022, 2:28 a.m.