Somebody please point out the obvious.  I know this should be simple I just am not seeing it at the moment.

I have a money field that is called TotalLoanAmount
I have a number field called StandardInterestRate

I just want to simply calculate yearly, monthly and daily (based on 30 day month) interest amount.

So I used this

YearlyInterestAmount  = (TotalLoanAmount * StandardInterestRate)
MonthleyInterestAmount = (YearlyInterestAmount / 12)
DailyInterestAmount = (MonthleyInterestAmount / 30)

In my test data I have $25,000.00 as TotalLoanAmount and 12 as StandardInterestRate (12%)

When my code runs I get
$300,000.00
$25,000.00
$833.33

Which is wrong.

When I change StandardInterestRate to  .12 (point 12) it works fine
$3000.00
$250.00
$8.33

The problem is I do not want it to look like .12% instead of 12%

What should I be doing to solve this problem without monkeying with data in Sbasic and adding the point during my calculation?

Thanks

Thanks