# [R-SIG-Finance] Calculating FV of a Uniform Stream using TVM

Joshua Ulrich josh.m.ulrich at gmail.com
Wed Oct 3 01:50:53 CEST 2012

```Please don't cross post: http://stackoverflow.com/q/12699891/271616
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On Tue, Oct 2, 2012 at 6:21 PM, Nitin Juneja <nitin.juneja at gmail.com> wrote:
> I am perplexed. The problem I am working is,
>
> Question : How much money must Carol deposit every year starting 1 year
> from now at 5.5 % per year in order to accumulate \$6000 seven years from
> now?
>
> My correct solution is :
>
>> 6000/usfv(5.5,7)
> [1] 725.7865
>
> I think this should also work... but does not:
>> tvm(i=5.5,n=7,fv=-6000,pmt=NA,pyr=1)
>
> Time Value of Money model
>
>    I% #N PV    FV    PMT Days #Adv P/YR C/YR
> 1 5.5  7  0 -6000 687.95  360    0    1    1
>
> I am getting a difference PMT amount. Does anyone have an insight in why I
> a getting the difference
>
>         [[alternative HTML version deleted]]
>
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