cv.annu.pv {YRmisc}

Calculate present value of annuity

Description

Calculate present value of an ordinary annuity or an annuity due.

Usage

cv.annu.pv(pmt,i,n,k)

Arguments

pmt

:the equal amount of payment of each period

i

:interest rate according to the period

n

:number of periods

k

:number of periods deferred until first payment

Examples

cv.annu.pv(100,0.0248,10,4)