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Last active November 1, 2015 05:05
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How "Return Rate" is calculated
Raw
gistfile1.txt
Return Rate shows the total return you have received since opening of account.
It is calculated by using following formula:
Total principal - It includes received principal amount and outstanding principal amount.
Interest received - Total interest received till date (since account is opened).
Charged Off - Total amount which is lost to charged off loans,
here for each loan we will calculate lost principal by
note amount - received amount.
Return Rate = ((Interest received - Losses) / Total Principal) X 100)
Please comment on this page if you have suggestion on improving this calculation.
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