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    Calculate Interest Expense in the Future

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    To calculate interest expense in the future, you should do which of the following?

    1. Apply a weighted average interest rate times the beginning debt balance
    2. Apply a weighted average interest rate times the ending debt balance
    3. Apply a weighted average interest rate times the average debt balance over the course of the year
    4. None of the above

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    https://brainmass.com/business/futures/calculate-interest-expense-future-543670

    Solution Preview

    2. Apply a weighted average interest rate times the ending debt balance

    We ...

    Solution Summary

    This solution explains the proper method to calculate interest expense in the future.

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