1. **State the problem:** We need to find the amount $A$ using the formula for simple interest: $$A = P(1 + rt)$$ where $P$ is the principal, $r$ is the interest rate per year, and $t$ is the time in years.
2. **Given values:**
- Principal $P = 3600$
- Rate $r = 11\% = 0.11$
- Time $t = 3$ quarters. Since 1 year = 4 quarters, $t = \frac{3}{4} = 0.75$ years.
3. **Substitute values into the formula:**
$$A = 3600 \times (1 + 0.11 \times 0.75)$$
4. **Calculate the interest part:**
$$0.11 \times 0.75 = 0.0825$$
5. **Add 1 to the interest:**
$$1 + 0.0825 = 1.0825$$
6. **Multiply by the principal:**
$$A = 3600 \times 1.0825$$
7. **Calculate the final amount:**
$$A = 3897$$
**Final answer:**
$$A = 3897$$
Simple Interest D389C4
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