The value of the future amount is $27264.1
Simple interest is a method of calculating interest on a principal amount over time.
It is computed by multiplying the principal by the interest rate and the time period.
Simple interest = (P × R × T)/100
P is the principal and r is the rate and t is the time
t = 119 days
in years = 119/365
SI = 27000 × 3/100 × 119/365
SI = $264.1
Therefore the future amount = 27000 + 264.1
= $27264.1