Course Content
R Introduction: Part I
R Introduction: Part I
Revenue Calculation
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, andn_years. Store the outcome in the variablerevenue. - 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?
Course Content
R Introduction: Part I
R Introduction: Part I
Revenue Calculation
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, andn_years. Store the outcome in the variablerevenue. - 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?
