Given
[tex]\begin{gathered} P=\text{ \$2100} \\ R=3.8\text{ \%} \\ n=\frac{3}{12}=\frac{1}{4}=0.25 \end{gathered}[/tex]
Formula
[tex]A=P(1+\frac{r}{n})^{nt}[/tex]
Substitute the given into the formula
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The final balance is ₦2,180.94
