Accrued Interest Calculator

Posted by Dinesh on

In accounting, accrued interest refers to the amount of interest that has been incurred, as of a specific date, on a loan or other financial obligation but has not yet been paid out. Accrued interest can either be in the form of accrued interest revenue, for the lender, or accrued interest expense, for the borrower.

Calculation of Accrued Interest

Formula:

Accrued Interest cost =( p

Where,
p = Investment Amount
n = Holding Period
r = Interest Rate