interest_during_construction {EngrEcon} | R Documentation |
Compute interest during construction
interest_during_construction
calculate interest during construction
using a monthly discount factor
Description
Compute interest during construction
interest_during_construction
calculate interest during construction
using a monthly discount factor
Usage
interest_during_construction(i, duration, capital)
Arguments
i |
interest rate in percent per year |
duration |
construction duration in months |
capital |
first/capital cost |
Value
idc
References
Engineer, U. S. A., & Resources, W. National Economic Development (NED) Procedures Manual- National Development Costs. U.S. Army Corps of Engineers Humphreys Engineer Center Support Activity Institute for Water Resources, DACWC72-90(June)1993.
Examples
# Result: idc ($) = 18992.14
interest_during_construction (0.027, 25, 700000)
[Package EngrEcon version 1.0.0 Index]