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To calculate interest expense in the future, you should do which of the following? 1 Apply a weighted average interest rate times the beginning debt
To calculate interest expense in the future, you should do which of the following?
1 Apply a weighted average interest rate times the beginning debt balance
2 Apply a weighted average interest rate times the ending debt balance
3 Apply a weighted average interest rate times the average debt balance over the course of the year
4 None of the above
choose one of 4 above
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