The amount of unamortized discount at the end of an interest period is equal to the amount of the unamortized discount at the beginning of the period minus the amount of discount that was amortized during the period.

Question

Quizplus · Accepted Answer

This is the correct formula for calculating the amount of unamortized discount at the end of an interest period. It is calculated by subtracting the amount of discount that was amortized during the period from the amount of unamortized discount at the beginning of the period.

The Amount of Unamortized Discount at the End of an Interest