Surname Meaning-Dobson. This surname is actually my own maiden name, which has originated from Northern Ireland through my great great grandfather, Edward Dobson. I heard from my late grandfather that Edward was actually born in County Armagh, but how true that is I don't know.
Examples of debt in a sentence. 1  He is trying to pay off gambling debts. 2  The company has run up huge debts. 3  Their debts are piling up.  He's been working three jobs in an attempt to get out of 1  debt. The company was in debt but is now turning a profit.  I am deep in 1  debt. I'm thousands of dollars in 2  debt. She went into debt to pay for college.
Interest = Principal x Rate x Time. If you have a loan for $1000, for example, and your annual interest rate is 15%, then you would owe $150 in interest after one year: 1000 x .15 = $150. If your debt remains unpaid after three years, then the formula is altered slightly: 1000 x .15 x 3 = $450.