Calculate the amount of interest and principal paid in each year based on the history of borrowing and payments on the line of credit. Using that information, find the outstanding balance as of that date. Assume that interest accrues over the course of the month. So, for example, any outstanding balance on Calculate the amount of interest and principal paid in each year based on the history of borrowing and payments on the line of credit. Using that information, find the outstanding balance as of that date. Assume that interest accrues over the course of the month. So, for example, any outstanding balance on