Installment amount defined for flat type interest loans is not working properly for Amortization "Equal Installments" in Mifosx 18.03.01.RELEASE

Description

I have created a loan product which is 5000 principal , with interest of 1600 to be paid in 4 Weeks and also paid weekly 4 times and interest of 400 every week. But when I create the equal installments product it doesnt work properly and gives the wrong interest 368.22

Environment

Ubuntu 14
Tomcat 7
Mysql Server 5.5
Jdk 1.8

Assignee

Unassigned

Reporter

Tolbert Omini

Labels

None

URL

None

Story Points

None

Team

Core

Notify

Sangamesh Nadagoudar

productboard URL

None

Components

Due date

2020/01/11

Priority

Blocker
Configure