Once upon a time, computing post judgment interest was really, really easy. But, as you’ll recall from my post in February 2013, Tennessee switched from a flat-rate of 10% to a variable rate under the (then) new version of Tenn. Code Ann. § 47-14-121.
Under that statute, the post judgment interest rate is subject to increase every six months. And, lately, it’s been steadily going up, every six months.
On January 1, 2019, it went up again, to 7.45%.
This is the highest that it’s been, since the statute changed.