annual_to_present {EngrEcon}

Calculate present value from a uniform annual payment annual_to_present Compute present value from uniform annual payments using uniform series present worth factor (uswf)

Description

Calculate present value from a uniform annual payment

annual_to_present Compute present value from uniform annual payments using uniform series present worth factor (uswf)

Usage

annual_to_present(i, n, A)

Arguments

i

discount rate in percent per year

n

life span in years

A

series of uniform annual payments

Value

pr.value

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: pr.value = $337733.5
annual_to_present(0.08, 30, 30000)