calcAnnuityAcumPath: calcAnnuityAcumPath

In miraisolutions/SmaRP: SmaRP: Smart Retirement Planning

calcAnnuityAcumPath

Description

Calculate future value of an annuity with periodic contributions.

• Based on continuous compounding interest in annual basis.

• Payments occur at the beginning of each period.

Usage

calcAnnuityAcumPath(contributions, t, rate)

Arguments

contributions	Vector of contributions (annuities).
t	Vector of time intervals between contributions. Irregular time intervals are allowed. For frequency bellow annual, enter t as proportion of a year.
rate	Interests rate on annual basis. Constant interest rates are assumed.

Value

Vector of accumulated benefits given a set of contributions.

Examples

## Not run: 
calcAnnuityAcumPath(contributions = c(50000, 1000, 1000, 1000, 1000),
                                t = c(0.284931, 1, 1, 1, 0), rate = 0.01)

## End(Not run)

miraisolutions/SmaRP documentation built on March 23, 2022, 6:46 a.m.