What is accrued interest ?

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asked Jul 23, 2019 81.6k views

5 votes

What is accrued interest ?

Advanced Placement (AP)
middle-school

Kichang Yang asked

by Kichang Yang

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accrued interest is the interest on a bond or loan that has accumulated since the principal investment, or since the previous coupon payment if there has been one already.

Tamekia answered Jul 29, 2019

by Tamekia

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