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Oct 7, 2009

Interest Calculation

Create a ledger named 'Investment'.
Then press F11 and then press F1,
set "Activate interest calculation" and "use advanced parameter" as 'yes'.
Then
Alter the ledger Investment created and set the 'interest calculation option' as 'yes'. There you give the all the information required i.e. the rate of interest, time period, rounding(rounding off the decimal value), etc.

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