This function evaluates non - stochastic increasing annuities.
A numeric value representing the interest rate.
The number of periods.
The Payment type, either
An increasing annuity shows the following flow of payments: 1,2,…,n-1,n
The value of the annuity.
The function is provided as is, without any guarantee regarding the accuracy of calculation. We disclaim any liability for eventual losses arising from direct or indirect use of this software.
This function calls internally
Giorgio A. Spedicato
Broverman, S.A., Mathematics of Investment and Credit (Fourth Edition), 2008, ACTEX Publications.
1 2 3 4 5
#the present value of 1,2,...,n-1, n sequence of payments, #payable at the end of the period #for 10 periods is increasingAnnuity(i=0.03, n=10) #assuming a 3% interest rate
Add the following code to your website.
For more information on customizing the embed code, read Embedding Snippets.