Answer:
The value of t is 1.75 years.
Step-by-step explanation:
Given that simple interest formula is I = (P×R×T)/100. So you have to substitute the following values into the formula :
[tex]i = \frac{prt}{100} [/tex]
[tex]let \: i = 350,p = 2400,r = \frac{25}{3} [/tex]
[tex]350 = \frac{2400 \times \frac{25}{3} \times t }{100} [/tex]
[tex]350 = \frac{20000t}{100} [/tex]
[tex]350 \times 100 = 20000t[/tex]
[tex]20000t = 35000[/tex]
[tex]t = 35000 \div 20000[/tex]
[tex]t = 35 \div 20[/tex]
[tex]t = 1.75 \: years[/tex]
