The aggregate of annual or cumulative interest
coupon and the redemption amount receivable by the investor, as applicable, discounted over time divided by such net invested amount leads to the TARR.
The cumulative interest
paid over the 10 years would be a little over $1 million, as illustrated in column 4.
The debt can be rescheduled over 1,000 years, with the addition of the cumulative interest
during that period.
If an asset retirement obligation exists, the company must recognize amounts on the balance sheet for the liability adjusted for cumulative interest
, the asset retirement cost, and accumulated depreciation.
Had interest rates in fiscal 1998 remained at the fiscal 1990 level, cumulative interest
income during the period would have reached 113 trillion yen, Masubuchi said.
Various people received bills for cumulative interest
In general, it is advisable to refinance a mortgage if interest rates are lower than the present mortgage interest rate and the homeowner intends to stay in the home for a sufficient amount of time for the cumulative interest
savings (discounted at an appropriate after-tax opportunity cost) to exceed the additional costs of refinancing.
The deterioration in the net portfolio position was masked in part by the decision to forgive Egypt's military sales debt and the accounting treatment that credited cumulative interest
arrears as paid in the fourth quarter.
As of December 2012, there are cumulative interest
shortfalls in the amount of $46 million currently affecting classes A-J through S.
But because STI was never paid with shares in Unlad, the STI has charged cumulative interest
on top of the P550million principal debt owed by the Benitez family.
As of August 31, 2012, the cumulative interest
on RULS owing to KEV's shareholders stood at MYR 619.
The expected subordinated debt is rated two notches below the bank's national long-term rating AAA(idn), given the instrument's cumulative interest
deferral conditions, Fitch said.