Red Hat Bugzilla – Bug 1250909
Wrong result in financial mode or missing some parameters for computing
Last modified: 2017-08-02 02:57:44 EDT
Description of problem:
Not sure if bug but results with Ctrm, Sln and Syd are different from testcases.
With Ctrm button I guess there is missing compounding period(daily/quarterly/yearly) parameter. If it is not bug, please describe how it is computed and what are expected results
Version-Release number of selected component (if applicable):
Steps to Reproduce:
1.Start gnome-calculator and Choose Financial mode
2.press [Ctrm] button, 0.0075 for Periodic Interest Rate, 18000 for Future value,8000 for Present value
3.press [Sln] , 8000 for Cost, 900 for Salvage,4 for Life
4. press [Syd] , 8000 for Cost, Enter 900 for Salvage,Enter 6 for Life,Enter 4 for Period
(In reply to Lukas Vacek from comment #0)
> With Ctrm button I guess there is missing compounding period(daily/quarterly/yearly) parameter.
No, it isn't. The calculation is done for periods, no matter which ones, only all input variables must be transformed to use the same unit of time. E.g., in this case I have calculated monthly interest (9% p.a. / 12 = 0.09 / 12 = 0.0075) and so the result should be in month periods.