Are Financial Elements 120 and 160 Using Nominal or APR Rate? (Doc ID 430745.1)

Last updated on APRIL 01, 2011

Applies to:

Oracle Risk Manager - Version: 4.5.39 and later   [Release: 4.5 and later ]
Information in this document applies to any platform.
Oracle Financial Services Applications (OFSA) 4.5

Goal

Are financial elements 120 - Ending Net Rate and 160 - Average Net Rate reflect the Annual Percentage Rate or Nominal rate?




Solution

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