annual_to_future {EngrEcon}

Calculate future value from a uniform annual payment annual_to_future Compute future values from uniform annual payments using uniform series compound amount factor (uscaf)

Description

Calculate future value from a uniform annual payment

annual_to_future Compute future values from uniform annual payments using uniform series compound amount factor (uscaf)

Usage

annual_to_future(i, n, A)

Arguments

i

discount rate in percent per year

n

life span in years

A

series of uniform annual payments

Value

FV

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: FV = 5664161
annual_to_future(0.08, 30, 50000)