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