the formula for the title insurance calculator is as follows:
up to the first $100,000 $5.75 per $1,000.00
over 100,000 and up to $1 Million $5.00 per $1,000.00
over $1 Million and up to $5 Million $2.50 per $1,000.00
over $5 Million and up to $10 Million $2.25 per $1,000.00
over $10 Million $2.00 per $1,000.00
it is divided into fraction of $100.00 however, any fraction of $100 should be considered as a full $100.00 for purpose of Calculating Premiums.
This will give us the promulgated rate we then want a separate column to show what they would be saving with us. We will then discount by 40% so a $1,000 policy would cost $600
I have code for the entire thing except the discounted 40% - I need help with this part.
Can anyone please help me?
up to the first $100,000 $5.75 per $1,000.00
over 100,000 and up to $1 Million $5.00 per $1,000.00
over $1 Million and up to $5 Million $2.50 per $1,000.00
over $5 Million and up to $10 Million $2.25 per $1,000.00
over $10 Million $2.00 per $1,000.00
it is divided into fraction of $100.00 however, any fraction of $100 should be considered as a full $100.00 for purpose of Calculating Premiums.
This will give us the promulgated rate we then want a separate column to show what they would be saving with us. We will then discount by 40% so a $1,000 policy would cost $600
I have code for the entire thing except the discounted 40% - I need help with this part.
Can anyone please help me?
![[monkey]](/data/assets/smilies/monkey.gif "[monkey] [monkey]")
Edward 