If penalty and interest (P&I) rules are applicable to the obligations covered by a pay plan, the payment schedule that is generated by the recommendation rule's generate payment schedule algorithm should factor expected penalty and interest calculations.
The penalty and interest plug-in spot may be called in forecast mode to forecast the charges to a certain date in the future. The plug-in spot also supports receiving financial transactions supplied by a calling service allowing for "what if" scenarios to be supplied. For example, when forecasting P&I to the future, the generate payment schedule algorithm can include proposed scheduled payments along with existing financial transaction to the P&I algorithm to get a more accurate estimate of the future P&I charges.
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