Question % of payment increases at curve factor of 1.5. Need to determin how do we calculate 1.5
Formula is
(actual growth Index - min index) / (max index-min index) ^ CF X (max% - min %)+ Min%
Where min index is 95 max index is 120 ; Max % is 6% Min% is 2%
Resultant Value is curve factor = 1.5