Description
Calculate supplied simple working-day capital carry cost.
Farm economic terms require explicit cost scope, subsidy treatment, price-index bases, moisture conventions and period rates. A partial input cost per output differs from total economic cost, while an insurance scenario excludes unsupplied policy limits. A nominal margin is conditional on supplied amounts and assumptions.
Calculate supplied simple working-day capital carry cost.
When to use this tool
Use Farm Capital Working Day Carry Cost when you already have capitalAmount, dailyCarryRate, workingDays and need to calculate supplied simple working-day capital carry cost.
How to use the tool and how it works
- Enter capitalAmount, dailyCarryRate, workingDays. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read carryCost. Use the output convention below.
Require capital>=0 and workingDays a nonnegative safe whole count; return capital*dailyCarryRate*workingDays.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| capitalAmount | Capital Amount | Required. Finite number; minimum 0. |
| dailyCarryRate | Signed decimal cost/capital/day rate; no compounding. | Required. Finite number. |
| workingDays | Supplied nonnegative safe whole day count; business dates are not calculated. | Required. Safe integer; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| carryCost | Carry Cost | Required. Finite number. |
{
"input": {
"capitalAmount": 2000,
"dailyCarryRate": 0.001,
"workingDays": 5
},
"output": {
"carryCost": 10
}
}Limitations and assumptions
- Daily rate is a signed decimal fraction; working-day count is supplied rather than calculated from a calendar. No compounding, legal rate or actual finance cost is determined.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Reconcile actual farm accounts, contracts, policy terms and forecasts. Use complete cost, risk and valuation methods when local per-unit terms or scenarios cannot establish profitability, obligations or appropriate financial decisions.
References
Similar or alternative tools
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