Answer: the total value of the investment in 10 years is $42500
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T =10 years
P = $25000
R = 7%
Therefore
I = (25000 × 7 × 10)/100
I = 1750000/100
I = $17500
Therefore, the total value of the investment in 10 years would be
25000 + 17500 = $42500