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It encapsulates some date operations like sum. The result will be the calculated date when calling the nextDateByInterval method, given the date, periodicity, and skipInterval parameters. For example, given a date of 2019-12-31, monthly periodicity, and skip interval 0, the results will be 2020-01-31. Also, if the skip interval is 1, the result is 2020-02-29. This is because the next date will add another month to the current range.