Pro rata short rate calculator
Easy calculator to determine amount of pro rata refund to issue. Method: short rate, short rate (90% pro rata), pro rata. Earned factor: Unearned factor:. 26 Jun 2019 While a pro rata calculation can be used to determine the to allocate the appropriate portion of an annual interest rate to a shorter time frame. Insurers may use a pro rata short rate by calculating the premium for part of a year and reducing any refund by a set proportion such as 10 percent. If your