Example: Depreciation - French Accounting System

In this example, the depreciation for the second accounting period is calculated for an asset.

import com.imsl.finance.*;
import java.text.*;
import java.util.*;

public class amordegrcEx1 {

    static final DateFormat dateFormat
            = DateFormat.getDateInstance(DateFormat.SHORT, Locale.US);

    static private GregorianCalendar parse(String s) throws ParseException {
        GregorianCalendar cal = new GregorianCalendar();
        cal.setTime(dateFormat.parse(s));
        return cal;
    }

    public static void main(String args[]) throws ParseException {
        double cost = 2400.;
        GregorianCalendar issue = parse("11/1/92");
        GregorianCalendar firstPeriod = parse("11/30/93");
        double salvage = 300.;
        int period = 2;
        double rate = .15;
        DayCountBasis dcb = DayCountBasis.BasisNASD;
        double amordegrc = Bond.amordegrc(cost, issue, firstPeriod,
                salvage, period, rate, dcb);
        System.out.println("The depreciation for the second accounting "
                + "period is " + amordegrc);
    }
}

Output

The depreciation for the second accounting period is 334.0
Link to Java source.