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8/29/2008
This version fixes a problem with variable rate loans where the interest rate changes mid-month.
The bug was that during the end of month interest run for a month where you had already done a mid-month interest run to allow for the interest rate rise, the system would mistakenly count te mid-month interest twice.
This problem is now fixed.
Version 6.22E fixed the problem with calculating new repayment amounts on variable rate loans where the interest rate was varied.
Previously the calculation worked out a repayment that assumed one month less than it should have in the remaining number of months.
- Monthly interest run Fix inaccuracy when doing a mid-month interest run after a rate change followed by an end of month interest run at the new rate.
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