Statutory Interest with a Changing Rate Table
This lesson is part of the course
In this lesson
You look up the rate valid on any date, cut the interest period at every rate change, count the days in each slice and add up the simple interest from due date to judgment.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- Lost Profits: But-For Revenue, Actual Revenue and Avoided Costs Locked
- Mitigation: Substitute Earnings and the Net Loss Locked
- Statutory Interest with a Changing Rate Table Locked
- Simple vs Compound Interest and Day-Count Conventions Locked
- Late-Payment Interest on Unpaid Invoices Locked
- Future Losses: Projecting Lost Earnings and Discounting to Present Value Locked
- Case Value: Expected Outcome, Costs and the Break-Even Probability Locked
- Structured Settlement vs Lump Sum: PV, RATE and a Sensitivity Chart Locked