You are viewing a plain text version of this content. The canonical link for it is here.

Posted to dev@fineract.apache.org by "Dayna Harp (JIRA)" <ji...@apache.org> on 2016/02/19 20:44:18 UTC

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

Dayna Harp created FINERACT-39:
----------------------------------

             Summary: 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
            Assignee: Markus Geiss
            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



--
This message was sent by Atlassian JIRA
(v6.3.4#6332)