Q:

tcdsb.elearningontario.ca Question 12 1 point Suppose you invest $ 2500 in a mutual fund that earns 1.5% interest per month.. This can be modeled by y=25001.015t , where 1 represents time in months How much will the fund have earned after 7 months? Enter a numeric value rounded to the nearest cent 2 decimal places.

tcdsb.elearningontario.ca Question 12 1 point Suppose you invest $ 2500 in a mutual fund that earns 1.5% interest per month.. This can be modeled by y=25001.015t , where 1 represents time in months How much will the fund have earned after 7 months? Enter a numeric value rounded to the nearest cent 2 decimal places.

Accepted Solution

A:
274.61