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EngrEcon (version 1.0.0)

annual_to_future: Calculate future value from a uniform annual payment

annual_to_future Compute future values from uniform annual payments using uniform series compound amount factor (uscaf)

Description

Calculate future value from a uniform annual payment

annual_to_future Compute future values from uniform annual payments using uniform series compound amount factor (uscaf)

Usage

annual_to_future(i, n, A)

Value

FV

Arguments

i

discount rate in percent per year

n

life span in years

A

series of uniform annual payments

References

Newnan, D. G., Eschenbach, T. G., Lavelle, J. P., & Oxford, N. Y. Engineering Economic Analysis, 14th ed. New York, Oxford University Press, 2020

David, W., & Terry, R. Fundamentals of Engineering Economics and Decision Analysis. Springer Nature, 2012

Examples

Run this code
 
# Result: FV = 5664161
annual_to_future(0.08, 30, 50000)  

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