fvYearlyAnnuityCompSemiAnnually {tvmComp} | R Documentation |
Calculates Future Value of Yearly Paid Ordinary Annuity or Annuity Due that is Compounded Semi-Annually.
fvYearlyAnnuityCompSemiAnnually(r, n, pmt, bgn)
r |
A number. |
n |
A number. |
pmt |
A number. |
bgn |
A number. |
As Brooks,R. (2018) mentions that Future Value calculations value cash flow at a single point in time in the future.
The method fvYearlyAnnuityCompSemiAnnually()
is developed to calculate Future Value of Yearly-Paid Ordinary Annuity or Annuity Due that is Compounded Semi-Annually. The method gives Future 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)
Input values to four arguments r
, n
, pmt
and bgn
.
MaheshP Kumar, maheshparamjitkumar@gmail.com
Brooks,R. (2018). Financial Management (4th Edition). Pearson Education (US). ISBN 9780134730417, https://bookshelf.vitalsource.com/books/9780134731070.
fvYearlyAnnuityCompSemiAnnually(0.11,4,-300,0)
fvYearlyAnnuityCompSemiAnnually(0.11,4,-300,1)
fvYearlyAnnuityCompSemiAnnually(0.11,4,300,0)
fvYearlyAnnuityCompSemiAnnually(0.11,4,300,1)