When interest expense us calculated using the effective-interest amorization method, interest expense on a bond pays interest annually is equal to the:

When Interest expense is calculated using the effective interest amortization method, Interest expense on a bond that pays interest annually is equal to the Music Choice O carrying value of the bonds payable multiplied by the stated interest rate. actual amount of interest paid o oo o carrying value of the bonds payable multiplied by the effective interest o matury ole of the bonds payable m ed by the effective wees