includeNonFinancingFlows property

bool includeNonFinancingFlows
finalinherited

Determines whether non-financing cash flows, such as charges or fees, within a cash flow profile are to be included in the computation of periodic factors.

Generally speaking non-financing cash flows should be excluded (false) when solving for unknown financing cash flow values or interest rates.

In limited circumstances however it may be necessary to include non-financing cash flows (true), for example in the European Union where consumer credit legislation requires the inclusion of certain associated charges in the calculation of the Annual Percentage Rate of Charge (APRC). In such cases it is important that the cash flow profile only incorporates those charges which are required to be included in the APR calculation.

Implementation

final bool includeNonFinancingFlows;