/*
* Copyright (c) 2012, 2013, Credit Suisse (Anatole Tresch), Werner Keil.
*
* Licensed under the Apache License, Version 2.0 (the "License"); you may not
* use this file except in compliance with the License. You may obtain a copy of
* the License at
*
* http://www.apache.org/licenses/LICENSE-2.0
*
* Unless required by applicable law or agreed to in writing, software
* distributed under the License is distributed on an "AS IS" BASIS, WITHOUT
* WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. See the
* License for the specific language governing permissions and limitations under
* the License.
*/
package org.javamoney.calc.common;
import org.javamoney.moneta.Money;
import org.junit.Test;
import static org.junit.Assert.*;
/**
* Tests for compouning, including with multiple compounding rounds.
*/
public class CompoundInterestTest {
@Test
public void of_notNull() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.05),1
);
assertNotNull(ci);
}
@Test
public void of_correctRate() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.0234),1
);
assertNotNull(ci.getRate());
assertEquals(ci.getRate(), Rate.of(0.0234));
ci = CompoundInterest.of(
Rate.of(0.05),1
);
assertNotNull(ci.getRate());
assertEquals(ci.getRate(), Rate.of(0.05));
}
@Test
public void of_correctPeriods() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.05),1
);
assertEquals(ci.getPeriods(), 1);
ci = CompoundInterest.of(
Rate.of(0.05),234
);
assertEquals(ci.getPeriods(), 234);
}
@Test
public void calculate_zeroPeriods() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.05),0
);
assertEquals(Money.of(10.03,"CHF").with(ci), Money.of(0,"CHF"));
assertEquals(Money.of(0,"CHF").with(ci), Money.of(0,"CHF"));
assertEquals(Money.of(-20.45,"CHF").with(ci), Money.of(0,"CHF"));
}
@Test
public void calculate_onePeriods() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.05),1
);
assertEquals(Money.of(1,"CHF").with(ci),Money.of(0.05,"CHF"));
assertEquals(Money.of(0,"CHF").with(ci),Money.of(0,"CHF"));
assertEquals(Money.of(-1,"CHF").with(ci),Money.of(-0.05,"CHF"));
}
@Test
public void calculate_twoPeriods() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.05),2
);
assertEquals(Money.of(1,"CHF").with(ci),Money.of(0.1025,"CHF"));
assertEquals(Money.of(0,"CHF").with(ci),Money.of(0,"CHF"));
assertEquals(Money.of(-1,"CHF").with(ci),Money.of(-0.1025,"CHF"));
}
@Test
public void apply() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.05),2
);
assertEquals(ci.apply(Money.of(1,"CHF")),Money.of(0.1025,"CHF"));
}
@Test
public void apply_With12compoundings() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.1), 10, 24
);
assertEquals(ci.apply(Money.of(1,"CHF")),Money.of(1.5937424601,"CHF"));
}
@Test
public void test_toString() throws Exception {
CompoundInterest ci = CompoundInterest.of(
Rate.of(0.05),100
);
assertEquals("CompoundInterest{rate=Rate[0.05], periods=100, timesCompounded=1}",ci.toString());
}
}