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How Does QuickBooks Calculate Interest When Assessing Finance Charges?

1,383 views

thequickbooksdude

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

95%
  • 8:00 / 8:24

Speech Rate:

  • 143 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

percentage

/pərˈsen(t)ij/

noun

rate or amount in each hundred.

balance

/ˈbaləns/

noun verb

Instrument for weighing things. put something in steady position.

assessment

/əˈsesmənt/

noun

action of assessing person or thing.

meaning

/ˈmēniNG/

adjective noun verb

expressive. Idea or thing represented by words or sentences. To intend to do something in particular.

results

/rəˈzəlt/

noun other verb

consequence, effect, or outcome of something. Final scores of competitions, elections or games. To be the outcome of other causes and effects.

multiply

/ˈməltəˌplī/

verb

To increase something by a large quantity.

records
noun other verb

thing constituting piece of evidence about past. Highest or most extreme levels achieved. To indicate a temperature, speed, etc.; register.

setting

/ˈsediNG/

noun verb

Option on a device that can be changed, e.g. sound. To put someone in a certain condition or state.

finance

/ˈfīnans/

adjective noun verb

Concerned with money. management of large amounts of money. To support someone or something financially.

exactly

/iɡˈzak(t)lē/

adverb

No more and no less than; precisely.

calculated

/ˈkalkyəˌlādəd/

adjective verb

done with full awareness of likely consequences. To find an answer using mathematics.

charges

/CHärj/

noun other verb

price for goods or services. Prices for a service or goods. demand as payment.

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