Effective Interest Method
{"Image DocumentName": "Effective Interest Method", "Image ImageDescription": "Using the straight-line method, Interest Expense is the same every year\u2014which is not realistic when a premium or discount is involved. Instead, the effective-interest method allows for a stable interest rate per year.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}