An investor invests $2,500 into a mutual fund and earns 5.75% on the principle for each of three years. how much interest has accused at the end of the period?

Interest in 3 years = $456.52

Step-by-step explanation:

As we know the the formula of compound interest

Total amount =  

Here n = number of times amount is compounded

r = rate of interest

t = period

Here A = $2500

r = 0.0575

n = 1 (compounded annually)

t = 3 years

Therefore amount after 3 years

P =2500(1.0575)³

  = 2500×1.18

  = $2956.52

We have to calculate the interest then

Interest = $2956.52-$2500 = $456.52

So after 3 years interest gained = $456.52

Accrued interest is 431.25

Step-by-step explanation:

Only the principle amount of 2500 is earning interest at a rate of 5.75% per year and as such this is a typical simple interest problem. The interest earned at the end of the 3 years is evaluated as; 2500*(5.75/100)*3

step-by-step explanation:

y = | -2(-2) |     →     y = | 4 |     →     y = 4       ⇒   (-2, 4)

y = | -2(-1) |     →     y = | 2 |     →       y =   2       ⇒   (-1, 2)    

y = | -2(0) |     →     y = | 0 |     →       y = 0         ⇒   (0, 0)

y = | -2(1) |   c →     y = | -2 |     →     y =   2         ⇒   (1, 2)    

y = | -2(2) |     →     y = | - 4 |     →     y =   4         ⇒   (2, 4)  

answer: 88

step-by-step explanation: