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A) You invest $2800 at a simple annual interest rate of 7%. What will the future value be in 4 years? The future value will

A) You invest $2800 at a simple annual interest rate of 7%. What will the future value be in 4 years?

The future value will be ___$. B) How much money do you need to invest now at a simple annual interest rate of 7%, if you want to end up with $5300 in seven years?

You need to invest ___$.

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