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Optional Rate Adjustment |
  
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Optional Rate Adjustment |
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You have the option of modifying the selected rates.
Use this in 'bank rate + 2%' type cases.
The interest rate that would otherwise apply will be adjusted in accordance with your instructions.
No Adjustment
The prevailing rate will be used without modification.
Add/Subtract Percent
The prevailing interest rate will be adjusted in accordance with the percentage points you specify.
The number can be +ve or -ve.
Multiply by
The prevailing interest rate will be adjusted by multiplying it by the quotient (number) you specify.
The number can be +ve or -ve.