Over the Life of a Note Payable,the Amount of Interest

Multiple Choice

Over the life of a note payable,the amount of interest expense allocated to each period is calculated by

A) Multiplying the interest rate at issuance of the note by the beginning-of-period balance of the note
B) Dividing the interest rate at issuance of the note by the beginning-of-period balance of the note
C) Multiplying the interest rate at issuance of the note by the end-of-period balance of the note
D) Multiplying the market interest rate at issuance of the note by the beginning-of-period balance of the note
E) Multiplying either the interest rate or the market interest rate at issuance of the note by the beginning-of-period balance of the note