26.3.2 Define the Formula Based Rate Adjustment Method

Defining the Formula Based Rate Adjustment Method involves the following additional steps:

Figure 26-8 Adjustment Rules Details - Formula Based Rate Definition


This screen allows you to define an Adjustment Rule with Formula based Rate Definition.

  1. Select the Parameters row to update.
  2. Click the Formula Based Rate Definition button to define the formula. The Formula Based Rate Definition page is displayed.
  3. Specify the Term Point, Coefficient, and Rate Spread in the Formula Based Rate Definition page.