Navigation:  Loan Screens > Account Information Screen Group > Account Detail Screen > Interest Detail tab > Interest Information field group > Accrual Rate

Entry: System, numeric

F/M: No

Mnemonic: LNAMRT

Screen: Loans > Account Information > Account Detail > Interest Detail tab

 

This field displays the interest rate to five decimal places at which interest should accrue (9.37500). This is the interest rate on ARM loans (payment method 7).