acct229 at Texas A&M

1. Interest Bearing Notes

in Chapter 9 (Video 1 of 10)
When you borrow money, you don't get it for free. Here, we're going to calculate the interest on an interest bearing loan.

This Video Mentioned Some Formulas

Face Value
* Annual Percentage Rate
* (Months Outstanding / 12) You could use (Days Outstanding / 360) instead of months
Interest Expense (or Revenue)
Maturity Value = Principal + Interest

The Rest Of The Videos

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Which sorority has better date parties?
ΧΩ or ΚΚΓ

Did I miss anything in Chapter 9?

What Did I Miss?