present_to_annual {EngrEcon}R Documentation

Compute annual payment from present value present_to_annual Compute uniform series annual payments from present value using capital recovery factor (crf)

Description

Compute annual payment from present value

present_to_annual Compute uniform series annual payments from present value using capital recovery factor (crf)

Usage

present_to_annual(i, n, PV)

Arguments

i

discount rate in percent per year

n

life span in years

PV

present value

Value

ann.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: ann.value = $17765.49
present_to_annual(0.08, 30, 200000)  


[Package EngrEcon version 1.0.0 Index]