Answer:
$21.875
Explanation:
The computation of the accrued interest is shown below:
= Deposit amount × rate of interest × number of months ÷ total number of months in a year
= $2,500 × 1.75% × 6 months ÷ 12 months
= $21.875
We simply multiplied with the deposit amount, interest rate, and the given number of months to find out the accrued interest
