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the daily incurred interests are rounded to the cents making the accrued interests overstated at the end of the month
it's probably not acceptable that
X days * disbursement_amount * yearly_interest_rate / 365
!=
Sum_of_X_time(disbursement_amount * yearly_interest_rate / 365)
it's paid monthly so the rounded amount should be the final calc:" round(X days disbursement_amount yearly_interest_rate / 365)
The text was updated successfully, but these errors were encountered:
the daily incurred interests are rounded to the cents making the accrued interests overstated at the end of the month
it's probably not acceptable that
X days * disbursement_amount * yearly_interest_rate / 365
!=
Sum_of_X_time(disbursement_amount * yearly_interest_rate / 365)
it's paid monthly so the rounded amount should be the final calc:" round(X days disbursement_amount yearly_interest_rate / 365)
The text was updated successfully, but these errors were encountered: