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Posted to issues@fineract.apache.org by "Awasum Yannick (Jira)" <ji...@apache.org> on 2020/02/04 12:06:00 UTC

[jira] [Assigned] (FINERACT-39) Simple Interest Calculation for Savings

     [ https://issues.apache.org/jira/browse/FINERACT-39?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Awasum Yannick reassigned FINERACT-39:
--------------------------------------

    Assignee:     (was: Markus Geiss)

> Simple Interest Calculation for Savings
> ---------------------------------------
>
>                 Key: FINERACT-39
>                 URL: https://issues.apache.org/jira/browse/FINERACT-39
>             Project: Apache Fineract
>          Issue Type: Improvement
>          Components: Savings
>            Reporter: Dayna Harp
>            Priority: Minor
>
> https://mifosforge.jira.com/browse/MIFOSX-2297
> [~adi.raju] For simple interest calculation, the formula would simply be: Simple Interest = Prinicipal*Rate*Time
> http://www.financeformulas.net/Simple_Interest.html



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