Merge pull request #612 from vishwasbabu/mifosplatform-1.10.3

fix for daily interest calculation with declining balance
2013-09-26 08:30:46 -07:00
parent a650058159 9470e3a858
commit e89982223c
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)));