Perjury is considered a serious offense as it can be used to usurp the power of the courts, resulting in miscarriages of justice. In the United States, for example, the general perjury statute under Federal law classifies perjury as a felony and provides for a prison sentence of up to five years.
Effective interest rate for t periods, i t = (1 + i) t - 1 or as one equation i t = (1 + (r / m)) mt - 1. The rate per compounding period P = R / m, in percent.
AMORTISED COST CALCULATION: THE EFFECTIVE INTEREST RATE (EIR). IAS 39 mandates some financial assets and liabilities to be subsequently measured at âamortized costâ. This measurement concept is a management theory put in accounting practice.