fvVariousCompSingleCF: Calculates Future Value of Single Cash Flow for various Compounding Frequencies.
Description
Calculates Future Value of Single Cash Flow for various Compounding Frequencies.
Usage
fvVariousCompSingleCF(r, n, pv, cfreq)
Arguments
r
A number.
n
A number.
pv
A number.
cfreq
A number.
Value
Input values to four arguments r , n , pv and cfreq.
Details
The method fvVariousCompSingleCF() is developed to calculate Future Value of Single Cash Flow for various Compounding Frequencies. The gives Future Value when values are passed to its four arguments. Here r is annual rate, n is number of years, pv is Present Value and cfreq is Compounding Frequency value that must be either 1 or 2 or 4 or 12 or 365.