Answer: $889.58
Step-by-step explanation:
⇒Equation:
A = P(1 + rt)
Turn 3% into decimal and you get 0.03, then 9 months/ 12 months = 0.75 years.
⇒A = 870(1 + (0.03 × 0.75)) = 889.575
⇒A = $889.58
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