Dear Mr Werner Erselina and Geoffrry Smith Sir,


Thanks a lot for your valuable suggestions. I had used following source

http://www.efunda.com/formulae/finance/apr_calculator.cfm

And using the "animation" package solved the equation to find our APR.

I wholeheartedly thank you all once again for your great help / suggestions. 


Milano





--- On Wed, 9/1/10, Geoffrey Smith <gps@asu.edu> wrote:

From: Geoffrey Smith <gps@asu.edu>
Subject: [R-SIG-Finance] Annual Percentage Rate (Amy
 Milano)
To: r-sig-finance@stat.math.ethz.ch
Date: Wednesday, September 1, 2010, 7:48 PM

Hi Amy, try the package named "fseries."  It has a nice function called
"returns" that should do what you are looking for.  Geoff

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