com.imsl.test.example.finance

Class FinanceNpvEx1

java.lang.Object

com.imsl.test.example.finance.FinanceNpvEx1

public class FinanceNpvEx1
extends Object

Computes the net present value of a lottery prize using the stream of payments as input.

A lady wins a $10 million lottery. The money is to be paid out at the end of each year in $500,000 payments for 20 years. The current treasury bill rate of 6% is used as the discount rate. Here, the net present value of her prize is computed.

See Also:

Code, Output

Constructor Summary

Constructors

Constructor and Description
FinanceNpvEx1()

Method Summary

Modifier and Type	Method and Description
static void	main(String[] args)

Methods inherited from class java.lang.Object

clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Constructor Detail

FinanceNpvEx1

public FinanceNpvEx1()

Method Detail

main

public static void main(String[] args)