Answer:
$1282.5
Step-by-step explanation:
Firstly, we calculate the amount for the first quarter
And that's is 2.25% of 1 200 = 27
Total amount at July 1 = 1200 + 27 = 1227
On october 1st, he will receive the following 2.25% of 1227 = 27.6075
Total amount at this time will be = 1227 + 27.6075 = 1254.6075.
Lastly on January 1, she will have 2.25% of 1254.6075 = 27.883575
Total amount at this time = 1254.6075 + 27.883575 =
1282.5
