Answer:
5 years
Step-by-step explanation:
Step one:
Given Information
Principal= $34,000
rate = 4.8%
SImple interest = $8,160
Required
The time T of the investment
Step two:
the expression for simple interest is

substitute

cross multiply we have

divide both sides by 163200

Answer:
4
Step-by-step explanation:
100 divided by 25 equals 4.
The answer is 7/10 because the even values are 2,4,6, and the others are 7,8,9,10. Added together, it adds up to 7/10
The final amount in the account after 25 years is $24670.42.
<h3>
How do you calculate the final Amount after 25 Years?</h3>
Given that 3400 dollars are placed in an account with an annual interest rate of 8.25% for 25 years.
The final amount in the account is calculated by the formula given below.

Where A is the final amount, P is the initial principal balance, R is the interest rate, T is the time period.
The final amount is given below.



Hence we can conclude that the final amount in the account after 25 years is $24670.42.
To know more about the compound interest, follow the link given below.
brainly.com/question/25857212.