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 Scaled Conditions

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.