Respuesta :

Solution

For this case we can use the following formula:

A = P(1+rt)

And the interest is given by

I = Prt

And replacing we got:

406.25 = 650 * 0.025*t

And solving for t we got:

[tex]t=\frac{406.25}{650\cdot0.025}=25[/tex]

And then the final answer is:

25 years

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