Uniform payment equal to varying cash flow
This example shows how to calculate the uniform series value using
The following 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:
Series = payuni([-10000 2000 1500 3000 3800 5000], 0.08)
Series = 429.6296
CashFlow— Cash flows
Cash flows, specified as a vector of varying cash flows. Include the initial investment as the initial cash flow value (a negative number).
Rate— Periodic interest rate
Periodic interest rate, specified as a decimal.
Series— Uniform series
Uniform series, returned as the value of a varying cash flow.