Answer:
$1238.70
Step-by-step explanation:
The appropriate formula is ...
A = P(1 + rt) . . . . where P is the principal, r is the rate, and t is the time period
Your values are ...
P = $1230.90
r = 0.019
t = 4/12 = 1/3
Then the balance will be ...
A = $1230.90·(1 + 0.019/3) = $1238.70
