1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
#[derive(Serialize, Deserialize, PartialEq, Clone, Debug)]
pub struct Inflation {
pub initial: f64,
pub terminal: f64,
pub taper: f64,
pub foundation: f64,
pub foundation_term: f64,
pub grant: f64,
pub grant_term: f64,
pub replicator: f64,
}
const DEFAULT_INITIAL: f64 = 0.15;
const DEFAULT_TERMINAL: f64 = 0.015;
const DEFAULT_TAPER: f64 = 0.15;
const DEFAULT_FOUNDATION: f64 = 0.05;
const DEFAULT_GRANT: f64 = 0.05;
const DEFAULT_FOUNDATION_GRANT_TERM: f64 = 7.0;
const DEFAULT_REPLICATOR: f64 = 0.10;
impl Default for Inflation {
fn default() -> Self {
Self {
initial: DEFAULT_INITIAL,
terminal: DEFAULT_TERMINAL,
taper: DEFAULT_TAPER,
foundation: DEFAULT_FOUNDATION,
foundation_term: DEFAULT_FOUNDATION_GRANT_TERM,
grant: DEFAULT_GRANT,
grant_term: DEFAULT_FOUNDATION_GRANT_TERM,
replicator: DEFAULT_REPLICATOR,
}
}
}
impl Inflation {
pub fn total(&self, year: f64) -> f64 {
let tapered = self.initial * ((1.0 - self.taper).powf(year));
if tapered > self.terminal {
tapered
} else {
self.terminal
}
}
pub fn validator(&self, year: f64) -> f64 {
self.total(year) - self.replicator(year) - self.grant(year) - self.foundation(year)
}
pub fn replicator(&self, year: f64) -> f64 {
self.total(year) * self.replicator
}
pub fn grant(&self, year: f64) -> f64 {
if year < self.grant_term {
self.total(year) * self.grant
} else {
0.0
}
}
pub fn foundation(&self, year: f64) -> f64 {
if year < self.foundation_term {
self.total(year) * self.foundation
} else {
0.0
}
}
}
#[cfg(test)]
mod tests {
use super::*;
#[test]
fn test_inflation_basic() {
let inflation = Inflation::default();
let mut last = inflation.total(0.0);
for year in &[0.1, 0.5, 1.0, DEFAULT_FOUNDATION_GRANT_TERM, 100.0] {
let total = inflation.total(*year);
assert_eq!(
total,
inflation.validator(*year)
+ inflation.replicator(*year)
+ inflation.grant(*year)
+ inflation.foundation(*year)
);
assert!(total < last);
assert!(total >= inflation.terminal);
last = total;
}
assert_eq!(last, inflation.terminal);
}
}