tvmComp (version 1.0.2)

fvQuarterlyCompSingleCF: Computing Future Value of a Single Cash Flow for Quarterly Compounding Frequency.

Description

Computing Future Value of a Single Cash Flow for Quarterly Compounding Frequency.

Usage

fvQuarterlyCompSingleCF(r, n, pv)

Arguments

r

A number.

n

A number.

pv

A number.

Value

Input values to three arguments r , n and pv.

Details

According to brook;textualtvmComp,Future Value is the value of an asset at a specific point in time in the future that is equivalent in value to a specific amount today. So there exists a direct relationship between the Future Value of an asset and the asset<U+2019>s Present Value, growth rate and time to the future point. Future values grow faster due to the fact that interest also keeps on earning interest, a phenomenon called Compounding of Interest. The method fvQuarterlyCompSingleCF() is developed to compute Future Value of a Single Cash Flow for Quarterly Compounding Frequency.The method gives Future Value when values are passed to its three arguments. Here r is annual rate, n is number of years and pv is Present Value.

References

brooktvmComp

Examples

# NOT RUN {
fvQuarterlyCompSingleCF(0.08,10,2000)
fvQuarterlyCompSingleCF(0.08,10,-2000)
# }