fvQuarterlyPaidAnnuityCompQuarterly {tvmComp} | R Documentation |
Calculates Future Value of Quarterly Paid Ordinary Annuity or Annuity Due that is Compounded Quarterly.
fvQuarterlyPaidAnnuityCompQuarterly(r, n, pmt, bgn)
r |
A number. |
n |
A number. |
pmt |
A number. |
bgn |
A number. |
According to Brooks,R. (2018), an Annuity is a series of equal cash payments at regular intervals across time.
The method fvQuarterlyPaidAnnuityCompQuarterly()
is developed to calculate Future Value of Quarterly-Paid Ordinary Annuity or Annuity Due that is Compounded Quarterly. The method gives FV 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 mode (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.
fvQuarterlyPaidAnnuityCompQuarterly(0.08,10,-50,1)
fvQuarterlyPaidAnnuityCompQuarterly(0.08,10,-50,0)
fvQuarterlyPaidAnnuityCompQuarterly(.08,10,50,1)
fvQuarterlyPaidAnnuityCompQuarterly(.08,10,50,0)