What would be the value of $100 after 10 years if you earn 11 percent interest per year?

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What would be the value of $100 after 10 years if you earn 11 percent interest per year?

Economics - Financial Markets
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I think 9,900 because 100 times 11 is the total for one year(1,100) and that times 9 for the rest of the years since we have already calculated the first year is 9,900

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