Answer: $11,155
Step-by-step explanation: For this problem, first we will use the "Simple Interest" equation to find the total interest earned after three years.
First, convert 3.85% to a decimal, 0.0385.
I, interest = 10,000 x 0.0385 x 3
I = 1,155
Now add the total interest $1,155 to the total deposit $10,000.
1,155 + 10,000 = $11,155
