com.cedarsoft.business.calc.InterestCalculationSystem Maven / Gradle / Ivy
Show all versions of financial Show documentation
/**
* Copyright (C) cedarsoft GmbH.
*
* Licensed under the GNU General Public License version 3 (the "License")
* with Classpath Exception; you may not use this file except in compliance
* with the License. You may obtain a copy of the License at
*
* http://www.cedarsoft.org/gpl3ce
* (GPL 3 with Classpath Exception)
*
* This code is free software; you can redistribute it and/or modify it
* under the terms of the GNU General Public License version 3 only, as
* published by the Free Software Foundation. cedarsoft GmbH designates this
* particular file as subject to the "Classpath" exception as provided
* by cedarsoft GmbH in the LICENSE file that accompanied this code.
*
* This code is distributed in the hope that it will be useful, but WITHOUT
* ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or
* FITNESS FOR A PARTICULAR PURPOSE. See the GNU General Public License
* version 3 for more details (a copy is included in the LICENSE file that
* accompanied this code).
*
* You should have received a copy of the GNU General Public License version
* 3 along with this work; if not, write to the Free Software Foundation,
* Inc., 51 Franklin St, Fifth Floor, Boston, MA 02110-1301 USA.
*
* Please contact cedarsoft GmbH, 72810 Gomaringen, Germany,
* or visit www.cedarsoft.com if you need additional information or
* have any questions.
*/
package com.cedarsoft.business.calc;
import com.cedarsoft.business.Money;
import javax.annotation.Nonnull;
import javax.annotation.Nonnull;
/**
* Represents a special kind of rent calculation system (e.g. with or without compound interest)
*/
public interface InterestCalculationSystem {
/**
* A simple system that just calculates a plain interest rate.
*
* This system only works with the intervalInYears - the intervalInDays is ignored
*/
@Nonnull
InterestCalculationSystem SIMPLE = new InterestCalculationSystem() {
@Override
@Nonnull
public Money calculateInterest( @Nonnull Money amount, double intervalInYears, double intervalInDays, double interestRate ) {
return Money.getMoneyForValue( ( long ) ( amount.getValue() * interestRate * intervalInYears ) );
}
@Override
public boolean isCompoundSystem() {
return false;
}
};
/**
* Calculates the compound interest
*/
@Nonnull
InterestCalculationSystem DAILY_COMPOUND_INTEREST = new InterestCalculationSystem() {
@Override
@Nonnull
public Money calculateInterest( @Nonnull Money amount, double intervalInYears, double intervalInDays, double interestRate ) {
double daysPerYear = intervalInDays / intervalInYears;
return amount.multiply( Math.pow( 1 + interestRate / daysPerYear, intervalInDays ) ).minus( amount );
}
@Override
public boolean isCompoundSystem() {
return true;
}
};
/**
* Calculates the interest
*
* @param amount the amount the interest is calculated for
* @param intervalInYears the interval in years
* @param intervalInDays the interval in days
* @param interestRate the interest rate
* @return the interest
*/
@Nonnull
Money calculateInterest( @Nonnull Money amount, double intervalInYears, double intervalInDays, double interestRate );
/**
* Whether the system is a compound interest system
*
* @return true if compound interest is calculated
*/
boolean isCompoundSystem();
}