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d <- 60*60*24*365
FV(0.1/d, d, pv = 0, pmt = -0.01, type = 0) %>%
sprintf("%.100f", .)
gives the answer:
331667.0131286853575147688388824462890625
which is somewhat inaccurate. expected:
331667.00669077689178034190843596256
ideally this type of calculation should make use of LN(1+x) and e^x+1 functions to maintain accuracy when the interest rate is very low or N very high.
MatthewDettman
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