future_to_annual {EngrEcon} | R Documentation |
Compute annual payment value from future value
future_to_annual
calculate annual value from future value using
the accumulated amount after years using sinking fund factor (sff)
Description
Compute annual payment value from future value
future_to_annual
calculate annual value from future value using
the accumulated amount after years using sinking fund factor (sff)
Usage
future_to_annual(i, n, FV)
Arguments
i |
discount rate in percent per year |
n |
life span in years |
FV |
accumulated (future) value |
Value
A
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: A = 5737.83
future_to_annual(0.08, 30, 650000)
[Package EngrEcon version 1.0.0 Index]