2.1.3 Commission Calculation for an LC
Commissions are calculated using the following formula: 
Where,
| Term | Description |
|---|---|
| R | Commission rate to be charged per Rate period |
| A | Commission basis amount |
| N | Number of periods (rounded) to be collected |
Note:
In the examples that follow, the minimum and maximum amounts for a commission rule have been ignored.Parent topic: Calculation Parameters for Rate Type Commission