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Calculating Avoidable Interest Weighted average accumulated expenditures are $400,000 on a project for which work steadily progressed during the current year. The following debt was

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Calculating Avoidable Interest Weighted average accumulated expenditures are $400,000 on a project for which work steadily progressed during the current year. The following debt was outstanding during the current year Construction can $100,000 at 10% Nole payable 5500,000 at Mortgase payable $150,000 at 12 Calculate avoidable interest for the purpose of interest capitalization Note: Round interest rate percentage used in your calculation to two digits after the decimal enter 2.04 for 2.044 or 2.05 for 2045 Avoidable interest Next Previous Save Answers

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