Description Usage Arguments See Also Examples

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

1 2 | ```
pv.annuity(rate = 0, inflation = 0, nper = 1, pmt = 0,
pmtinfladj = FALSE, pmtUltimo = TRUE)
``` |

`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. |

1 | ```
pv.annuity(rate=0.01,inflation=0, nper=10,pmt=-10,pmtinfladj=FALSE,pmtUltimo=TRUE)
``` |

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