In a 1994 course syllabus, writer David Foster Wallace encouraged his students to be sedulous in their proofreading. Continue reading... There are a couple of words that basically mean the same thing as sedulous but are a little more common, namely assiduous, painstaking, and diligent.
Definition of an investment interest expense. When you borrow money to buy property for investment purposes, any interest you pay on that borrowed money becomes an investment interest expense.. For example, say you take out a $5,000 loan against your home equity and use the money to buy stock. The interest on that loan is investment interest.
Determine the period of time to properly recognize interest expense. If you need to calculate three months of interest expense, divide the 12 months by the number of months in the desired period. For example, t = 3/12 or 0.25. If the principal is $10,000 and the interest rate is 12 percent (0.12), the calculation would be Interest = $10,000 x 0.12 x 0.25 or $300.