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Madeline invest $3000. At the end of each year she receives 10% interest on the total balance for that what. What is of the third year? Please explain step by step or show work to be marked =]

Madeline invest $3000. At the end of each year she receives 10% interest on the total balance for that what. What is of the third year? Please explain step by s class=

Answer :

novastar9
3000 x 1.1 = 3300

3300 x 1.1 = 3630

3630 x 1.1 = 3993

She will have $3993.

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