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brfinance (version 0.8.0)

calc_future_value: Future Value (FV) - Basic

Description

Calculates the future value of a present amount given an interest rate and number of periods.

Usage

calc_future_value(pv, rate, n)

Value

Future value.

Arguments

pv

Present value.

rate

Interest rate per period (decimal).

n

Number of periods.

Examples

Run this code
calc_future_value(pv = 1000, rate = 0.10, n = 1)
calc_future_value(pv = 500, rate = 0.05, n = 10)

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