EngrEcon (version 1.0.0)

gradient_to_annual: Calculate annual value from uniform gradient payment

gradient_to_annual Compute annual value from uniform gradient payments using uniform gra present worth factor (ugaw)

Description

Calculate annual value from uniform gradient payment

gradient_to_annual Compute annual value from uniform gradient payments using uniform gra present worth factor (ugaw)

Usage

gradient_to_annual(i, n, G, A)

Value

ann.value

Arguments

i

discount rate in percent per year

n

life span in years

G

uniform gradient payments

A

initial annual payment

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

 
# Result: ann.value = $ 105138.30
gradient_to_annual(0.08, 30, 6000, 50000)