Hello,
While using the loan account type and the wizzard the calculated payment
is not the same as what is calculated by a Belgian bank. In Belgium a
monthly intrest is used. This monthly intrest is not the yearly interest
divided by 12. The correct monthly interest is calculated using the formula:
monthly intrest = ((1 + yearly interest)^(1/12))-1
Would it be possible to add this feature (monthly interest calculation
of the belgium banks) to Kmymoney?
Thanks in advance
--
Johnny Geling
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