\"\"

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The total amount of money in the account at the first year.

\

The simple interest formula is \"\".

\

\"\"                    (Substitute \"\")

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\"\"                               (Multiply: \"\")

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\"\"   (Add the amount invested and the interest)

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At the end of the first year, $9821.875 in the account.\"\"

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The total amount of money in the account at the second year.

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The simple interest formula is \"\".

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\"\"             (Substitute \"\")

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\"\"                       (Multiply: \"\")

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The amount in the account after 2 years is $9821.875 + $1203.1796875 or $11025.0546875.\"\"

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The total amount of money is $11025.0546875.