Appendix E: Payment Rate Guide

	Failure rate "F"		Payment Rate "R"
	Equal to or greater than	But less than	Minimum Percent of Cap	Maximum Percent of Cap	Formula
	0	1	0	0.2	R = 0.2 x F
	0	2	0	0.4
	2	3	0.4	0.6	"
	3	4	0.6	0.8	"
	4	5	0.8	1	"
	5	6	1	1.6	R = - 2.00 + 0.60 x F
	6	7	1.6	2.2	"
	7	8	2.2	2.8	"
	8	9	2.8	3.4	"
	9	10	3.4	4	"
	10	11	4	5	R = - 6.00 + 1.00 x F
	11	12	5	6	"
	12	13	6	7	"
	13	14	7	8	"
	14	15	8	9	"
	15	16	9	10.4	R = - 12.00 + 1.40 x F
	16	17	10.4	11.8	"
	17	18	11.8	13.2	"
	18	19	13.2	14.6	"
	19	20	14.6	16	"
	20	21	16	18.8	R = - 40.00 + 2.80 x F
	21	22	18.8	21.6	"
	22	23	21.6	24.4	"
	23	24	24.4	27.2	"
	24	25	27.2	30	"
	25	26	30	32.8	"
	26	27	32.8	35.6	"
	27	28	35.6	38.4	"
	28	29	38.4	41.2	"
	29	30	41.2	44	"
	30	31	44	46.8	"
	31	32	46.8	49.6	"
	32	33	49.6	52.4	"
	33	34	52.4	55.2	"
	34	35	55.2	58	"
	35	36	58	60.8	"
	36	37	60.8	63.6	"
	37	38	63.6	66.4	"
	38	39	66.4	69.2	"
	39	40	69.2	72	"
	40	41	72	74.8	"
	41	42	74.8	77.6	"
	42	43	77.6	80.4	"
	43	44	80.4	83.2	"
	44	45	83.2	86	"
	45	46	86	88.8	"
	46	47	88.8	91.6	"
	47	48	91.6	94.4	"
	48	49	94.4	97.2	"
	49	50	97.2	100	"
	50	100	100	100	"