Answer: $508
Step-by-step explanation:
Calculate the interest:
Interest= Principal × rate x time
Principal= $400
Rate= 3% = 3/100 = 0.03
Time= 9 years
Slot the values into the formula
=$400 × 0.03 x 9
Interest=$108
If interest is $108, final balance will be $108 + $400 = $508
I hope this helps, please mark as brainliest answer.
