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The amount of money you'll have at the end of 10 years is $3900.
Given that, P=$3000, R=3% and T=10 years.
The formula to find the simple interest is [tex]Interest=\frac{P \times T \times R}{100}[/tex].
Now, simple interest [tex]=\frac{3000 \times 10 \times 3}{100}=\$900[/tex].
Amount=Simple Interest+Principal
=900+3000=$3900
Therefore, the amount of money you'll have at the end of 10 years is $3900.
To learn more about the simple interest visit:
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