Okay so to answer your problem. All you need to do is plug in the values that you know to a calculator.. so that would be 24,500(1+.05)^2.5
this equation equals 27,678.29. But it states in the beginning, only the money he has made on it... so you would subtract the initial $24,500 which would leave you with D 3178.29
Hope this Helps!
