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An individual purchased a $10,000, three-year, 7% bond on March 31, 2018, compounding annually and repayable March 31, 2021. What would be the amount of

An individual purchased a $10,000, three-year, 7% bond on March 31, 2018, compounding annually and repayable March 31, 2021. What would be the amount of interest income would be included in 2021 if the bond were repaid on March 31, 2021?

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$2,250

$801

$700

$175

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