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-   -   How do you calculate the average yearly interest expense? (https://www.askmehelpdesk.com/showthread.php?t=282825)

  • Nov 19, 2008, 10:54 AM
    Abcfitz44
    How do you calculate the average yearly interest expense?
    Assuming that the straight-line method of amortization is used, what would be the average yearly interest expense on a $250,000, 11%, 20-year bond issued at 94? Please help, I really need to understand this.

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