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package org.apache.poi.ss.formula.functions;

/**
 * @author Amol S. Deshmukh < amolweb at ya hoo dot com >
 *
 *
 * This class is a functon library for common fiscal functions.
 * Glossary of terms/abbreviations:
 * 
*
    *
  • FV: Future Value
  • *
  • PV: Present Value
  • *
  • NPV: Net Present Value
  • *
  • PMT: (Periodic) Payment
  • * *
* For more info on the terms/abbreviations please use the references below * (hyperlinks are subject to change): *
Online References: *
    *
  1. GNU Emacs Calc 2.02 Manual: http://theory.uwinnipeg.ca/gnu/calc/calc_203.html
  2. *
  3. Yahoo Financial Glossary: http://biz.yahoo.com/f/g/nn.html#y
  4. *
  5. MS Excel function reference: http://office.microsoft.com/en-us/assistance/CH062528251033.aspx
  6. *
*

Implementation Notes:

* Symbols used in the formulae that follow:
*
    *
  • p: present value
  • *
  • f: future value
  • *
  • n: number of periods
  • *
  • y: payment (in each period)
  • *
  • r: rate
  • *
  • ^: the power operator (NOT the java bitwise XOR operator!)
  • *
* [From MS Excel function reference] Following are some of the key formulas * that are used in this implementation: *
 * p(1+r)^n + y(1+rt)((1+r)^n-1)/r + f=0   ...{when r!=0}
 * ny + p + f=0                            ...{when r=0}
 * 
*/ public final class FinanceLib { private FinanceLib() { // no instances of this class } /** * Future value of an amount given the number of payments, rate, amount * of individual payment, present value and boolean value indicating whether * payments are due at the beginning of period * (false => payments are due at end of period) * @param r rate * @param n num of periods * @param y pmt per period * @param p future value * @param t type (true=pmt at end of period, false=pmt at begining of period) */ public static double fv(double r, double n, double y, double p, boolean t) { double retval = 0; if (r == 0) { retval = -1*(p+(n*y)); } else { double r1 = r + 1; retval =((1-Math.pow(r1, n)) * (t ? r1 : 1) * y ) / r - p*Math.pow(r1, n); } return retval; } /** * Present value of an amount given the number of future payments, rate, amount * of individual payment, future value and boolean value indicating whether * payments are due at the beginning of period * (false => payments are due at end of period) * @param r * @param n * @param y * @param f * @param t */ public static double pv(double r, double n, double y, double f, boolean t) { double retval = 0; if (r == 0) { retval = -1*((n*y)+f); } else { double r1 = r + 1; retval =(( ( 1 - Math.pow(r1, n) ) / r ) * (t ? r1 : 1) * y - f) / Math.pow(r1, n); } return retval; } /** * calculates the Net Present Value of a principal amount * given the discount rate and a sequence of cash flows * (supplied as an array). If the amounts are income the value should * be positive, else if they are payments and not income, the * value should be negative. * @param r * @param cfs cashflow amounts */ public static double npv(double r, double[] cfs) { double npv = 0; double r1 = r + 1; double trate = r1; for (int i=0, iSize=cfs.length; i




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