Groups > comp.lang.java.programmer > #19065

Re: Regarding banking software

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Subject	Re: Regarding banking software
From	Lew <lewbloch@gmail.com>
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Xref	csiph.com comp.lang.java.programmer:19065

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Peter Duniho wrote:
> 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.

static final BigDecimal EULERS = new BigDecimal(Math.E);

What's the big deal? Of course, it's no more accurate than the 'double' representation.

> Fortunately, e is not a commonly used constant in financial computations.

-- 
Lew

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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