Closed ShamanthVallem closed 1 year ago
Go ahead :))
@nikhil25803 Along with FVA due endpoint it would be great to add future value of ordinary annuity endpoint
fva ordinary: payments made are assumed to be at the end of the year fva annuity: payments made are assumed to be at the beginning of the year formula: P * [(1 + i)n – 1] / I
I would like to add this
Sure @ShamanthVallem, go ahead :))
The Future Value of Annuity Due due is the value of consolidated payments at a date in the future, considering a fixed return or discount rate.
FVA Due = P {(1 + r) n - 1) (1 + r) / r}
P denotes Periodic Payment n denotes the Number of Periods r denotes the Effective interest rate