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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

Part of a whole divided into hundredths.

balance

/ˈbaləns/

noun verb

Money remaining after paying costs. put something in steady position.

assessment

/əˈsesmənt/

noun

action of assessing person or thing.

meaning

/ˈmēniNG/

adjective noun verb

expressive. what is meant by word, text, etc.. To intend to do something in particular.

results

/rəˈzəlt/

noun other verb

consequence, effect, or outcome of something. Some things produced through tests or experiments. occur or follow as consequence of something.

multiply

/ˈməltəˌplī/

verb

To calculate two numbers e.g. 2 x 4.

records
noun other verb

thing constituting piece of evidence about past. Round plastic discs on which music has been stored. To write down or say what happened.

setting

/ˈsediNG/

noun verb

place or type of surroundings where something is positioned or where event takes place. To decide upon or choose something.

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. Attacks by running quickly toward someone. To put electricity in a battery.

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