EMI Calculation

[Noorain]

i used following formula

var amount=100000;
var tenor=12;
 
var intr=parseFloat(18/100);
var x;
var y;
var z;
 
y = 1/(1+intr*1/12);
x = (Math.pow(y,tenor)-1)/(y-1)*y;
z = amount/x/1;
z= Math.round(z);
 
document.write(z);
 

its result 9168 acoording to 12 months(360 days)

but i want to result for 365 days.for this days EMI:9183

kindly tell me how to do this.

thanks

[Dormilich]

I’m not getting how your formula comes to using 30 days per month.