Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair ...

The 79/365 fraction in our example is equal to the 2,164/10,000 ... x 2 = 1.67%. Payment on accrued interest on bonds is calculated on a pro rata basis. Accrued interest is the total interest ...