I set up a loan for 40, 000.00 with an interest of 3.5 72 installement 1
payment per week. We were expecting the interest to be 350 but we got 323.17.
Would you happen to know what went wrong? --
Flow-based real-time
On Monday, February 24, 2014 11:09:14 AM UTC-5, Glen Etienne wrote:
I set up a loan for 40, 000.00 with an interest of 3.5 72 installments 1
payment per week. We were expecting the interest to be 350 but we got
323.08. Would you happen to know what went wrong?
?
Thanks
Binny
From: Glen Etienne [mailto:gletie...@gmail.com]
Sent: 24 February 2014 22:58
To: mifosus...@googlegroups.com
Cc: A good place to start for users or folks new to Mifos.
Subject: Re: [Mifos-users] payment schedule came out with wrong interest
calculation
On Monday, February
?
Thanks
Binny
*From:* Glen Etienne [mailto:glet...@gmail.com javascript:]
*Sent:* 24 February 2014 22:58
*To:* mifos...@googlegroups.com javascript:
*Cc:* A good place to start for users or folks new to Mifos.
*Subject:* Re: [Mifos-users] payment schedule came out with wrong
