/*
* Copyright (c) 2012, 2013, Trivadis (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.junit.Test;
import java.math.BigDecimal;
import static org.junit.Assert.*;
/**
* Created by atsticks on 15.05.16.
* @see http://www.mrzeno.com/Present-Value-Annuity-Factor-PVAF.php
* Note: {@code http://www.financeformulas.net/Present-Value-Annuity-Factor.html#calcHeader}
* shows incorrect values in this case.
*/
public class PresentValueOfAnnuityPaymentFactorTest {
@Test
public void calculate_periods0() throws Exception {
assertEquals(BigDecimal.valueOf(0), PresentValueOfAnnuityPaymentFactor.calculate(Rate.of(0.05), 0));
assertEquals(BigDecimal.valueOf(0), PresentValueOfAnnuityPaymentFactor.calculate(Rate.of(-0.05), 0));
}
@Test
public void calculate_periods1() throws Exception {
assertEquals(BigDecimal.valueOf(0.952380952380952), PresentValueOfAnnuityPaymentFactor.calculate(Rate.of(0.05), 1));
assertEquals(BigDecimal.valueOf(1.05263157894736), PresentValueOfAnnuityPaymentFactor.calculate(Rate.of(-0.05), 1));
}
@Test
public void calculate_periods10() throws Exception {
// Values are correct due to
// http://www.mrzeno.com/Present-Value-Annuity-Factor-PVAF.php
assertEquals(BigDecimal.valueOf(7.721734929184812), PresentValueOfAnnuityPaymentFactor.calculate(Rate.of(0.05), 10));
assertEquals(BigDecimal.valueOf(13.40365140230186), PresentValueOfAnnuityPaymentFactor.calculate(Rate.of(-0.05), 10));
}
}