See question below super confused

Tchan asked Dec 11, 2023

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31 votes

Tchan asked Dec 11, 2023

by Tchan

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30 votes

Answer:

$ 1021.25

Explanation:

FV = P ( 1 + .085 * 3/12) = 1021.25

3/12 = 3 months out of a year

.085 = decimal interest P = 1000

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