An investment bank gives 10 percent interest at the end of every month. How much money in total will you have, including interest, at the end of 2 months if you invest $300?
How much interest do you get after the first month? ** After the first month you get 10/100 * $300 = $<<10/100*300=30>>30 interest.
How much money will you have after the first month? ** After the first month you will have $300 + $30 = $<<300+30=330>>330 in total.
How much interest do you get after the second month? ** After the second month you get = 10/100 * $330 = $<<10/100*330=33>>33 interest.
How much money will you have after the second month? ** After the second month you will have $330 + $33 = $<<330+33=363>>363 in total.
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