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The simple interest on an investment is directly proportional to the amount of the investment. By investing $ 4 2 5 0 in a certain

The simple interest on an investment is directly proportional to the amount of the investment. By investing $4250 in a certain bond issue, you obtained payment of $233.75 after 1 year.

Find a mathematical model that gives the interest I for this issue after 1 year in terms of amount invested P.
 

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