https://github.com/francose/acturialcalculations
actuarialCalculations == v1.0.2--> Annuity Calculation, Amortization Schedule, Sinking Fund ...
https://github.com/francose/acturialcalculations
Last synced: 4 months ago
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actuarialCalculations == v1.0.2--> Annuity Calculation, Amortization Schedule, Sinking Fund ...
- Host: GitHub
- URL: https://github.com/francose/acturialcalculations
- Owner: francose
- License: mit
- Created: 2020-01-05T20:04:59.000Z (over 5 years ago)
- Default Branch: master
- Last Pushed: 2022-06-22T00:01:14.000Z (almost 3 years ago)
- Last Synced: 2024-11-03T23:21:27.381Z (5 months ago)
- Language: Python
- Homepage: https://pypi.org/project/actuarialCalculations/
- Size: 4.88 KB
- Stars: 1
- Watchers: 1
- Forks: 0
- Open Issues: 1
-
Metadata Files:
- Readme: README.md
- License: LICENSE.txt
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README
## Project description
This package includes financial math calculations for actuarial calculations such as annuity calculations, amortization schedule, sinking fund calculations and constructing tables with those formulas.
## Installation
pip install actuarialCalculations
## Calculate Amortization & Sinking Fund
**_method takes 4 parameters_**
1. Interest rate
2. Years
3. Frequency of the interest that hits in that period of time
4. Loan Amount
### Calculating Amortization Table
```python
'''Create an instance of CalctulateAmortization class and pass the parameters as intergers '''
calculate = CalctulateAmortization(interestRate, years, frequency, loanAmount)
'''To run the calculations we need to call execute funtion '''
calculate.execute()
```
**_method takes 4 parameters_**
1. Interest rate
2. Years
3. Frequency of the interest that hits in that period of time
4. Money Amount
### Calculating Sinking Fund Table
```python
''' Create an instance of CalculateSinkingFund class and pass the parameters as integers'''
calculate = CalculateSinkingFund(interestRate, years, frequency, amount)
'''To run the calculations we need to call execute funtion '''
calculate.execute()
```
### Calcuating present value
**_Assuming our user would like to know the downpayment amount with provided kwargs below;_**
###### Logic
> terms, period and interest amount rate.
> Price - (presentValue\* _N _ Repay Amount ) = Down payment
### Calculating the future value
**_Assuming our user pays at the end of the given period, so our program should accumulate the value with gthe iven interest rate;_**
###### Logic
> Accumulated Down payment(1+i)**N = Accumulated Price(1+i)**N - (AccumulatedValue\*_N _ Repay Amount)
### Calculating The Down Payment with Given Time Value
**_Assuming our user wants to calculate the downpayment with the given period of time_**
###### Logic
> Accumulated Down payment = Accumulated Price ** T -(presentValue \* Repay Amount ) ** T- (AccumulatedValue \* Repay Amount)**-(N+T) / (1+i)**T
```python
'''
Present Value method takes 5 parameters as intergers and returns downpayment amount
'''
presentValue = PresentValue(
InterestRate, effectiveInterestTerms, fixedPeriod, repayAmount, price)
'''
Accumulated Value method takes 5 parameters as intergers and returns downpayment amount (future value)
'''
accumulatedValue = AccumulatedValue(
InterestRate, effectiveInterestTerms, fixedPeriod, repayAmount, price)
'''
Calculate Given Time method takes 5 parameters as intergers and returns downpayment amount at any given time.
'''
calculateGivenTime = CalculateGivenTime(
InterestRate, effectiveInterestTerms, fixedPeriod, repayAmount, price)
```