Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

MMEX - V1033: Term deposits #1721

Open
rmkhalfay opened this issue Jun 19, 2024 · 6 comments
Open

MMEX - V1033: Term deposits #1721

rmkhalfay opened this issue Jun 19, 2024 · 6 comments
Labels

Comments

@rmkhalfay
Copy link

Hi, In India we have term deposits (also called Fixed deposits). Where we deposit principal amt say X and rate of interest say Y %, then on maturity we get compunded interest after the deposit period of M months; Can you include this feature. I tried term account type but it does not calculate the money at end of deposit maturity period nor does it show current money amount as of today.

Can this be added to MMEX

@guanlisheng
Copy link
Contributor

@renato-mmex , @whalley and @vomikan , thoughts?

@rmkhalfay
Copy link
Author

Formula for compound interest is as per https://www.calculatorsoup.com/calculators/financial/compound-interest-calculator.php
(generally quarterly compunded)

Copy link

This issue is stale because it has been open 90 days with no activity. Remove stale label or comment or this will be closed in 5 days.

@github-actions github-actions bot added the Stale label Sep 19, 2024
@rmkhalfay
Copy link
Author

rmkhalfay commented Sep 19, 2024

This feature if added will be very good. Please delete stale label

@github-actions github-actions bot removed the Stale label Sep 20, 2024
Copy link

This issue is stale because it has been open 90 days with no activity. Remove stale label or comment or this will be closed in 5 days.

@github-actions github-actions bot added the Stale label Dec 19, 2024
@rmkhalfay
Copy link
Author

Please remove stale label

@github-actions github-actions bot removed the Stale label Dec 20, 2024
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
Projects
None yet
Development

No branches or pull requests

2 participants