For this question, you should type which formula you should use (simple, compound, annuity, payout annuity, loan). You should also tell me which variable you will be solving for, and you should type your final answer to two decimal places. ALL OTHER WORK MUST BE ON PAPER YOU SEND TO ME so I can see you substituted into the equation properly and the steps you took to solve. How much should be invested now at 3.25% simple interest if $7550 is needed in 4 years, 6 months? Formulas