iemisc (version 0.5.0)

AgivenFcont: Annual value given Future value [continuous] (Engineering Economics)

Description

Compute A given F with interest compounded continuously

Usage

AgivenFcont(F, n, r)

Arguments

F

numeric vector that contains the future value(s)

n

numeric vector that contains the period value(s)

r

numeric vector that contains the continuously compounded nominal annual interest rate(s) as a percent

Value

• AgivenFcont numeric vector that contains the annual value(s) rounded to 2 decimal places

encoding

UTF-8

Details

A is expressed as

$$A = F\left[\frac{e^{r} - 1}{e^{rn} - 1}\right]$$

[object Object],[object Object],[object Object],[object Object]

References

William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling, Engineering Economy, Fourteenth Edition, Upper Saddle River, New Jersey: Pearson/Prentice Hall, 2009, page 169.

Examples

library(iemisc)
AgivenFcont(300, 2, 11) # 11\% interest