According to My Calculations…

We have an data object that contains:
1. $principle (Long) – Principle
2. $days (int) – Number of Days Interest
3. $basis (int) – Basis (how many days in a year)
4. $dailyInterest (Long) – Daily Interest

Average Rate = 100 * $basis * ( $dailyInterest/$days ) / $principle

What screwed us over for an hour? DATA TYPE!!!
$dailyInterest/$days is an integer division! Therefore 5/3 gave us 1, instead of 1.6666!

So, boys and girls…


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