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1. Calculate the future value of an investment worth $2800 that pays 1.5% simple interest rate...

1. Calculate the future value of an investment worth $2800 that pays 1.5% simple interest rate after 4 years.
2. Derek invested $1000. What would that money grow to in 18 months at a 5% annual simple interest rate?
3. If I put $2500 into my saving account and earned $250 of interest at 5% annual simple interest, how long was my money in the bank?
4. Geneva wants to save $12,000 to buy a new car. She just received an $10,000 bonus and plans to invest it in an account earning 8% annual simple interest. How long will she need to leave her money in the account to accumulate the $12,000 she needs?

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