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payuni    Examples   See Also

Uniform payment equal to varying cash flow.

Syntax

Arguments

cf
A vector of varying cash flows. Include the initial investment as the initial cash flow value (a negative number).
rate
Periodic interest rate. Enter as a decimal fraction.

Description

us = payuni(cf, rate) returns the uniform series value us of a varying cash flow.

Example

This cash flow represents the yearly income from an initial investment of $10,000. The annual interest rate is 8%.

Year 1
 $2000
Year 2
 $1500
Year 3
 $3000
Year 4
 $3800
Year 5
 $5000

To calculate the uniform series value:

returns

See Also

fvfix, fvvar, irr, pvfix, pvvar


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