The amount of that will be in the account after 25 years is 370000 cents.
The simple interest on an account is the kind of interest charge on a loan. It can be estimated by using the formula;
[tex]\mathbf{S.I = \dfrac{P \times R \times T}{100}}[/tex]
[tex]\mathbf{S.I = \dfrac{1600 \times 5.25 \times 25}{100}}[/tex]
S.I = $2100
After 25 years, the amount that will be in the account will be:
= Principal + simple interest
= $1600 + $2100
= $3700
To the nearest cent, we have:
= 370000 cents
Learn more about simple interest here:
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