CHAPTER 10

Schedule #2 Weighted-Average Interest Rate Weighted-average interest rate computation Principal Interest 10% short-term loan $1,400,000 $140,000 11% long-term loan 2,000,000 220,000 $3,400,000 $360,000 Total Interest = $360,000 = 10.59% Total Principal $3,400,000 Schedule #3 Avoidable Interest ................
................