JMoneyThe Precision You Need For Business Applications
![]() JMoney is pure Java and runs on all platforms that fully support the JDK. |
Using float and double can produce round-off errors, often silently. JMoney contains sophisticated error handling routines to let you know when precision is lost, so you can avoid expensive errors propagated from inexact math calculations. JMoney's numeric classes are more complete than those in java.sql.Numeric, and its objects are integrated with JTools' formatting objects.
JMoney also includes two basic financial math packages: time_value and depreciation. These provide functions for use in economic and financial analysis, and save you the time and trouble of figuring out the complicated algorithms that underlie these classes.
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The time_value package includes an Annuity class that captures the financial information of an annuity and allows recalculations. It also includes a Loan subclass and a TimeValue class for computing loans and tracking the changing value of money over time. The depreciation package has an Asset class that can be depreciated using any of the five methods associated with the Depreciation classes, and a Warehouse class that stores Assets. All classes in the time_value and depreciation packages are available in floating-point or exact formats.
JMoney is available as byte code or source code.
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