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FinCal (version 0.6.3)

fv.annuity: Estimate future value of an annuity

Description

Estimate future value of an annuity

Usage

fv.annuity(r, n, pmt, type = 0)

Arguments

r
discount rate, or the interest rate at which the amount will be compounded each period
n
number of periods
pmt
payment per period
type
payments occur at the end of each period (type=0); payments occur at the beginning of each period (type=1)

See Also

fv

Examples

Run this code
fv.annuity(0.03,12,-1000)

fv.annuity(r=0.03,n=12,pmt=-1000,type=1)

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