The Capital Recovery Factor calculator computes the Capital Recovery (CR) factor based on the interest rate per period (i) and the number of periods.
INSTRUCTION: Enter the following:
Capital Recovery Factor (CRF): The calculator returns the factor rounded to the nearest 1000th.
The Capital Recovery Factor is a Discrete Compounding Discount Factor often symbolized as (A/P, i%, n).
The formula for the Capital Recovery Factor is:
`CRF = (i (1+i)^n)/( (1+ i)^1 - 1)`
where:
A CR factor is the ratio of a constant annuity to the present value of receiving that annuity for a given length of time1.
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