As scaled condition, the credit interest rate is calculated using the scales/levels.
Scale/level |
from |
to |
Interest rate |
1 |
0 |
5000 |
2% |
2 |
5000 |
5% |
If the balance is 4,000.-, 2% of 4,000.- is credited. If the balance is 7,000.-, 5% of 7,000.- is credited.
If the credit interest rate is defined as scaled condition based on intervals, in accordance with the example above, if the balance is 4,000.- there is a credit of 2% of 4,000.-. If the balance is 7,000.-, 2% of 5,000.- + 5% of 2,000.- is credited.
This means it is possible to depict interest-free base amounts.