Course Content

# R Introduction: Part I

1. Basic Syntax and Operations

R Introduction: Part I

## Challenge

Using variables can streamline the process of working with data by allowing for clear, concise, and efficient calculations. Now, let's apply our variables to a practical example.

# Task

Moving forward with the exercise from the previous chapter, we can compute the projected revenue over a 4-year period exclusively using variables. Here's how:

- To determine the anticipated revenue after 4 years, utilize the variables
`initial_money`

,`interest_rate`

, and`n_years`

. Store the outcome in the variable`revenue`

. - Present the calculated revenue value in this specific format:

The formula for `revenue`

will be:
`initial_money * (1 + interest_rate / 100) ^ n_years`

.

Everything was clear?

Section 1. Chapter 8