tests/testthat/test-RATE.R

In lockedata/optiRum: Financial Functions & More

context("RATE")

test_that("RATE correctly produces values, no FV", {
    check <- 0.126947  # Taken from excel
    expect_true(round(RATE(12, -500, 3000), 6) == check)
    check <- c(0.126947, 0.080927)  # Taken from excel
    df <- data.frame(nper = c(12, 12), pmt = c(-500, -400), pv = c(3000, 3000))
    expect_true(identical(round(RATE(df$nper, df$pmt, df$pv), 6), check))
})

test_that("RATE correctly produces values, FV", {
    check <- 0.125177  # Taken from excel
    expect_true(round(RATE(12, -500, 3000, 100), 6) == check)
    check <- c(0.125177, 0.078345)  # Taken from excel
    df <- data.frame(nper = c(12, 12), pmt = c(-500, -400), pv = c(3000, 3000), fv = c(100, 100))
    expect_true(identical(round(RATE(df$nper, df$pmt, df$pv, df$fv), 6), check))
})


test_that("RATE errors given incorrect inputs", {
    expect_error(RATE(0, -500, 3000))
    expect_error(RATE(1, 500, 3000))
    expect_error(RATE(1, -500, -3000))
    expect_error(RATE("0", -500, 3000))
    expect_error(RATE(1, "500", 3000))
    expect_error(RATE(1, -500, "-3000"))
    expect_error(RATE(1, -500, -3000, "5"))
})