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### Instruction:
Formulate a logic expression for the question utilising the given context.
Question: what would the amount accrued because of interest on the term loan facility after october 29 , 2011?
Context: in addition , we have a term loan facility of $ 145 million that bears interest at a fluctuating rate for each period equal to the libor rate corresponding with the tenor of the interest period plus a spread of 1.25% ( 1.25 % ) ( 1.61% ( 1.61 % ) as of october 29 , 2011 ) .
### Output:
Logic: to find the amount of money that would come from interest one must multiply the amount of money they loaned by the interest rate .
The required values from the context for the question are:
Term loan facility amount: $145 million
Interest rate as of October 29, 2011: 1.61%
Lets formulate the logic step by step using the logic and placing the appropriate values:
step 1: multiply 145 by 1.61% which gives multiply(145, 1.61%),
The final logic expression is multiply(145, 1.61%).
### End |