comp_interest: Compound Interest

View source: R/comp_interest.R

comp_interestR Documentation

Compound Interest

Description

Formula to calculate compound interest with or without recurring payments

Usage

comp_interest(principal, apr, years, compound, recurr = 0)

Arguments

principal

starting ammound

apr

annual percentage rate (as a decimal)

years

number of years to compound

compound

frequency at which interest is compounded

recurr

recurring payments made at same frequency as compounding


jhollist/miscPackage documentation built on March 3, 2024, 9:23 p.m.