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Groups > comp.lang.java.programmer > #19059

Re: Regarding banking software

Newsgroups comp.lang.java.programmer
Date 2012-10-02 14:22 -0700
References (4 earlier) <1w8fpsrdmn1y2.1nnw9tz9r53rr$.dlg@40tude.net> <93feb84f-7da7-4ef2-9ffc-fcd3666d0485@googlegroups.com> <16ab1j141d7fj$.f7a6n0uuyczq.dlg@40tude.net> <342c6978-d516-41eb-88ba-df3a78a2d175@googlegroups.com> <1dbg4z7zymt5d.ym7j7hph5eg5.dlg@40tude.net>
Message-ID <6a1867ff-9854-471e-a1af-211526543045@googlegroups.com> (permalink)
Subject Re: Regarding banking software
From bob smith <bob@coolfone.comze.com>

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On Tuesday, October 2, 2012 3:34:19 PM UTC-5, Peter Duniho wrote:
> On Tue, 2 Oct 2012 13:00:20 -0700 (PDT), bob smith wrote:
> 
> 
> 
> > [...]
> 
> > However, it you want to compound continuously, I think you will need it.  (   To use P*e^(r*t)    )
> 
> 
> 
> Define "continuously".  Do you mean as in computing an integral?  What
> 
> financial institution needs to do that?  For what computation?  Please
> 
> provide an actual example.
> 
> 
> 
> If you simply mean more than one period of compounding, then the finite
> 
> nature of these computations means that it is sufficient to simply iterate
> 
> as needed.
> 
> 
> 
> > And, good luck representing e with your BigDecimal class.
> 
> 
> 
> Fortunately, e is not a commonly used constant in financial computations.

I'm talking about this:

http://www.mathwords.com/c/continuously_compounded_interest.htm

I don't know if anyone uses it in real life except for math class.

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Thread

Regarding banking software Navnath Gadakh <navnathgadakh@gmail.com> - 2012-09-30 21:25 -0700
  Re: Regarding banking software Roedy Green <see_website@mindprod.com.invalid> - 2012-10-01 10:26 -0700
    Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:43 -0400
  Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-01 13:10 -0700
    Re: Regarding banking software Lew <lewbloch@gmail.com> - 2012-10-01 13:59 -0700
      Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:46 -0400
    Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:44 -0400
      Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 07:18 -0700
        Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 09:19 -0700
          Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 11:59 -0700
            Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 12:04 -0700
              Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 13:00 -0700
                Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 13:34 -0700
                Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 14:22 -0700
                Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 14:40 -0700
                Re: Regarding banking software glen herrmannsfeldt <gah@ugcs.caltech.edu> - 2012-10-02 22:44 +0000
                Re: Regarding banking software Lew <lewbloch@gmail.com> - 2012-10-02 15:52 -0700
                Re: Regarding banking software Gene Wirchenko <genew@ocis.net> - 2012-10-02 14:55 -0700
            Re: Regarding banking software David Lamb <dalamb@cs.queensu.ca> - 2012-10-02 21:48 -0400
  Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:40 -0400
  Re: Regarding banking software David Lamb <dalamb@cs.queensu.ca> - 2012-10-01 22:41 -0400
  Re: Regarding banking software Jeff Higgins <jeff@invalid.invalid> - 2012-10-02 03:25 -0400

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