Java BigDecimal Calculate calculateMonthInterest(Float interestRate, BigDecimal investmoney)

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Description

calculate Month Interest

License

Apache License

Declaration 

public static BigDecimal calculateMonthInterest(Float interestRate, BigDecimal investmoney)

Method Source Code


//package com.java2s;
//License from project: Apache License 

import java.math.BigDecimal;
import java.math.RoundingMode;

public class Main {

    public static BigDecimal calculateMonthInterest(Float interestRate, BigDecimal investmoney) {
        return investmoney.multiply(new BigDecimal(Float.toString(interestRate)))
                .multiply(BigDecimal.ONE.divide(new BigDecimal(12), 10, RoundingMode.HALF_UP));
    }/*  w ww . j  av  a  2  s  . com*/
}

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