#### How do you calculate interest expense on bonds?

```Using Excel office on XP.  Issued \$1mill of 11% 20 year bonds, issued 4-1-04
and paying interest on a yearly bases on 3-31.  Need to calculate interest
expense for fiscal year ended 9-30-04 assuming a premium of \$80,000
amoritized on a streight line bases.
```
 0
Sprout (1)
1/25/2005 3:13:01 AM
excel.misc 78881 articles. 5 followers.

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```Hi,

Try having a look at the =PRICE function in help.  If this isn't exactly
what you need then it should point you in the right direction.

HTH,

David Jessop

"Sprout" wrote:

> Using Excel office on XP.  Issued \$1mill of 11% 20 year bonds, issued 4-1-04
> and paying interest on a yearly bases on 3-31.  Need to calculate interest
> expense for fiscal year ended 9-30-04 assuming a premium of \$80,000
> amoritized on a streight line bases.
```
 0
1/25/2005 3:13:05 PM

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