Week 4

Question 1

How do we treat 15month CAP?

Answer 1

CAP 1- 12months and do like normal
CAP 2- 3 months, do like normal until: WDA 18% x 3/12
WDA 6% x 3/12

Question 2

How do we treat 10month cap?

Answer 2

Do CAP 1 as normal until: WDA 18% x 10/12
WDA 6% x 10/12