Solve the problem.If P dollars are invested at a simple interest rate r (in decimals), the amount A that will be available after t years is A = P + Prt. Find the total amount in an account if $3400 is invested at 8% simple interest for 5 years.

A. $4760.00
B. $5525.00
C. $3672.00
D. $1360.00


Answer: A

Mathematics

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