What will be the maturity value after seven months of $2950 earning interest at the rate of

Question:

What will be the value after seven months of $2950 earning interest at the rate of 4 ½ %?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...