Companies in need of cash commonly turn to long-term debt, such as issuing bonds and obtaining bank loans. The interest that accrues on long-term debt is treated as a business expense for both book ...

Understand the total interest by multiplying the annual charge by the number of years in your note. Calculate yearly interest by multiplying the principal amount by the interest rate. Know your full ...

Compound interest is commonly described as "interest earned on interest." Compound interest can work to your advantage as your investments grow over time, but against you if you're paying off debt, ...