periodic_compounding: The total accumulated value, including the principal sum plus...
In pgstevenson/borrowr: Home loan helper
Description
Usage
Arguments
Value
Examples
Description
source: https://en.wikipedia.org/wiki/Compound_interest
Usage
1
periodic_compounding(p, r, n, t)
Arguments
p
is the original principal sum.
r
is the nominal annual interest rate (as percent e.g. 4.5).
n
is the compounding frequency.
t
is the overall length of time the interest is applied (expressed using the same time units as r, usually years).
Value
The new principle sum.
Examples
1
periodic_compounding(1500, 0.043, 4, 6)
pgstevenson/borrowr documentation built on May 15, 2019, 10:02 p.m.
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Description Usage Arguments Value Examples
Description
source: https://en.wikipedia.org/wiki/Compound_interest
Usage
1 | periodic_compounding(p, r, n, t)
|
Arguments
p |
is the original principal sum. |
r |
is the nominal annual interest rate (as percent e.g. 4.5). |
n |
is the compounding frequency. |
t |
is the overall length of time the interest is applied (expressed using the same time units as r, usually years). |
Value
The new principle sum.
Examples
1 | periodic_compounding(1500, 0.043, 4, 6)
|
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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