The group of contracts of Cassiopée SA has an opening contractual service margin of 10,000. During the period, new contracts add 1,500 to the margin; accretion is calculated at the group's original rate of 4 % (case data); a revision of estimates relating to future service decreases the margin by 900. The share of the margin released for services provided is 20 % of the margin before release (fraction derived from coverage units: case data). Calculate the interest, the margin before release and the closing margin.
- Opening margin
- 10,000
- Effect of new contracts
- 1,500
- Original rate of the group (case data)
- 4 %
- Decrease due to future service
- 900
- Share released for services provided (case data)
- 20 %