R: Functions to switch from interest to discount rates
interest2Discount | R Documentation |
Functions to switch from interest to discount rates
Description
These functions switch from interest to discount rates and vice - versa
Usage
interest2Discount(i)
discount2Interest(d)
Arguments
i |
Interest rate
|
d |
Discount rate
|
Details
The following formula (and its inverse) rules the relationships:
frac{i}{{1 + i}} = d
Value
A numeric value
Author(s)
Giorgio Alfredo Spedicato
References
Broverman, S.A., Mathematics of Investment and Credit (Fourth Edition),
2008, ACTEX Publications.
See Also
intensity2Interest ,nominal2Real
Examples
discount2Interest(d=0.04)
Results
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