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You receive a $ 5 5 0 gift for graduating. You decide to invest the money at 4 % per year, simple interest. [ 1

You receive a $550 gift for graduating. You decide to invest the money at 4% per year, simple interest. [1K/1A]
a) Write an equation that predicts the value of your investment over time.
b) Use your equation to predict the value of your investment after 7 years.
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