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Tom Bond borrowed $ 6 comma 200 6,200 at 5 5 one half 12% for three years compounded annually. What is the compound amount of

Tom Bond borrowed $6 comma 200

6,200 at 5

5one half

12% for three years compounded annually. What is the compound amount of the loan and how much interest will he pay on theloan?

Compound amountequals

nothing

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