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42 Calculate 2019 debt interest based on the information below. 2018 Actual 2019 Estimate Opening Debt Balance 25,000 Additions (Repayments) Interest Rate 0 5% 10,000
42
Calculate 2019 debt interest based on the information below.
| 2018 Actual | 2019 Estimate | |
| Opening Debt Balance | 25,000 | |
| Additions (Repayments) Interest Rate | 0 5% | 10,000 5% |
| Closing Debt Balance | 25,000 | |
| Debt Interest | 1,250 |
2,500
1,250
1,750
1,500
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
