Tell Siri what you'd like to do. Speak into your iPhone 4S with a command like, Remind me to buy milk, bread, and eggs today at 4 p.m. or you can say something like, Remember to thank John for the present.. Glance at your iPhone 4S screen to review your reminder. Or listen to Siri's confirmation.
Effective Interest Method. The effective interest method is a technique for calculating the actual interest rate in a period based on the amount of a financial instrument's book value at the beginning of the accounting period.
Definition: Applicable Federal Rate (AFR) Applicable federal rates (AFRs) are monthly rates that are published by the Internal Revenue Service (IRS) to calculate the imputed interest for income tax purposes. Imputed interest is the interest that is considered as an expense for tax purposes even though no actual interest payment has been made.