# ECONOM #
Econom is module consisting of some economic formulas ... :)
Uses:
#!javascript
var econom=require('econom')
//to display future value worth of 10000 for 15 percent for 5 years
console.log(econom.future_when_present(10000,15,5));
other functions:
future_when_present(present_value,interest,no_year)
present_when_future(future_value,interest,no_year)
future_when_annual(annual_value,interest,no_year)
present_when_annual(annual_value,interest,no_year)
annual_when_future(future_value,interest,no_year)
annual_when_present(present_value,interest,no_year)
present_worth(init_invest,annual_value,interest,no_year,salvage_value)
future_worth(init_invest,annual_value,interest,no_year,salvage_value)
annual_worth(init_invest,annual_value,interest,no_year,salvage_value)
Cost calculation:
input:
#!javascript
var obj={"direct_material":10.5,
"indirect_material":20.21,
"direct_labor":15.66,
"indirect_labor":25.456,
"direct_expenses":20.651,
"indirect_expenses":30.21}
econom.cost(obj)
output:
#!json
{ materialCost: 30.71,
laborCost: 41.116,
expenses: 50.861000000000004,
primeCost: 46.811,
overheadCost: 75.876,
totalCost: 122.68700000000001 }