gradient_to_present {EngrEcon} | R Documentation |
Calculate present value from uniform gradient payment
gradient_to_present
Compute present value from uniform gradient payments
using uniform gradient present worth factor (ugpw)
Description
Calculate present value from uniform gradient payment
gradient_to_present
Compute present value from uniform gradient payments
using uniform gradient present worth factor (ugpw)
Usage
gradient_to_present(i, n, G)
Arguments
i |
discount rate in percent per year |
n |
life span in years |
G |
uniform gradient 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 = 310367.40
gradient_to_present(0.08, 30, 3000)
[Package EngrEcon version 1.0.0 Index]