fe-safe cycle counting

Hello,

I am new to fe-safe and currently trying to understand how the cycle counting works. Does the software run through the full loading/repeat before interpolating back to get the decimal answer? Or does it run through it and stop at ex. 0.7 repeats at the last repeat? I have imported a combined loading file consisting of 2x10^7 cycles of varying amplitude, so if my "Worst life-repeats" is 0.68, is it correct to assume that the first 68% of the loading causes the fatigue and that the rest was never applied?