Late Charge: Greater of Minimum Charge or 2% per billing period

Summary:

Late Charge calculation: Greater of Minimum Charge or 2% per billing period

Content (please ensure you mask any confidential information):

We need to charge Greater of either Minimum $5 Charge or 2% per billing period.

If the late charge calculation for a period results in a value which is less than $5, then we need Oracle to charge $5

If the late charge calculation for a period results in a value which is greater than $5, then we need Oracle to charge the late charges as per 2% per period

How do we achieve this?

Version (include the version you are using, if applicable):

24A

Code Snippet (add any code snippets that support your topic, if applicable):