fix for daily interest calculation

2013-10-05 04:24:01 +05:30
parent 9784697762
commit 622a4307ec
1 changed files with 1 additions and 1 deletions
@@ -542,7 +542,7 @@ public final class LoanApplicationTerms {
        switch (this.interestCalculationPeriodMethod) {
            case DAILY:
                final BigDecimal dailyInterestRate = this.annualNominalInterestRate.divide(BigDecimal.valueOf(Long.valueOf(365)), mc)
-                        .divide(BigDecimal.valueOf(Double.valueOf("100.0")), mc).multiply(BigDecimal.valueOf(this.repaymentEvery));
+                        .divide(BigDecimal.valueOf(Double.valueOf("100.0")), mc);

                final BigDecimal equivalentInterestRateForPeriod = dailyInterestRate
                        .multiply(BigDecimal.valueOf(Long.valueOf(daysInPeriod)));