pvQuarterlyPaidAnnuityCompQuarterly {tvmComp}

Computing Present Value of Quarterly Paid Ordinary Annuity or Annuity Due that is Compounded Quarterly.

Description

Computing Present Value of Quarterly Paid Ordinary Annuity or Annuity Due that is Compounded Quarterly.

Usage

pvQuarterlyPaidAnnuityCompQuarterly(r, n, pmt, bgn)

Arguments

r

A number.

n

A number.

pmt

A number.

bgn

A number.

Details

As explained by Brooks,R. (2018), the way it is possible to find the Present Value of a single cash flow , on the same lines the Present Value of an annuity stream can also be computed. The method pvQuarterlyPaidAnnuityCompQuarterly() is developed to compute Present Value of Quarterly-Paid Ordinary Annuity or Annuity Due that is Compounded Quarterly.The method gives Present Value when values are passed to its four arguments. Here r is annual rate, n is number of years, pmt is amount of one annuity and bgn is the computational mode (Enter 1 when annuity payment occurs at the beginning of the period; 0 for end of period payments)

Value

Input values to four arguments r , n , pmt and bgn.

Author(s)

MaheshP Kumar, [e-mail]

References

Brooks,R. (2018). Financial Management (4th Edition). Pearson Education (US). ISBN 9780134730417, https://bookshelf.vitalsource.com/books/9780134731070.

Examples

pvQuarterlyPaidAnnuityCompQuarterly(0.06,12, -200, 1)
pvQuarterlyPaidAnnuityCompQuarterly(0.06,12, -200, 0)
pvQuarterlyPaidAnnuityCompQuarterly(0.06,12, 200, 1)
pvQuarterlyPaidAnnuityCompQuarterly(0.06,12, 200, 0)