Github user nazeer1100126 commented on the issue:
https://github.com/apache/incubator-fineract/pull/219
I believe we no need to have two boolean variables to extend the term.
1) extendTermForDailyRepayments
2) extendTermForRepaymentsOnHolidays
We can have a single config extendTerm. If this config is enabled,
generateNextRepaymentDate method should return adjusted date
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