SOLUTION: This is a question that i must explain how i came to the answer.I had 30 of them, this is one of the two that I cannot figure out. Please help!!! You deposit 3,000 in a savings

Question 357500: This is a question that i must explain how i came to the answer.I had 30 of them, this is one of the two that I cannot figure out. Please help!!!
You deposit 3,000 in a savings account in a bank with an interest rate of 3%.
A. Find the amount of money in the account after 2 years subject to compound interest
B. Find the interest
Thank-you so much...i sincerely appreciate your help!
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A)
A=3000(1+0.03)^2
A=3000*1.0609
A=3182.70
B)
182.70
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