.BusinessSimulation.MoleculesOfStructure.Incubators.Account

Information

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The output y reports the balance of an account that is increased or decreased by flows connected to the stock ports or at given rates (u_plus and u_minus respectively) if hasRateInputs = true. When there are interest payments (withInterest = true) positive and negative balances of the account will lead to interest earned and interest paid, respectively. The associated fractional rates can be given either as constants or as variable inputs.

Notes

• Usually rates for deposits and withdrawals are given as separate, positive inputs. Using hasNetRateInput = true the rate of flow for the account can be given as a netRate using the connector u_plus only.


• Fractional rates are assumed to be continuously compounding rates (→ForceOfInterest).


• The Account is a more general structure than the widely known bathtub [6, pp.10f.]

See also

Reservoir