Amortization of premium affect amount of interest expense

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Reference no: EM13805705

What is the meaning of the following sentence: "Amortization affects the amount of interest expense." How does amortization of premium affect the amount of interest expense? How does amortization of discount affect the amount of interest expense?

Reference no: EM13805705

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Amortization of premium affect amount of interest expense : What is the meaning of the following sentence: "Amortization affects the amount of interest expense." How does amortization of premium affect the amount of interest expense? How does amortization of discount affect the amount of interest expense?

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