## Basic College Mathematics (10th Edition)

Year 1 total: $5830.00$ Year 2 total: $6179.80$ Year 3 total: $6550.59$ Year 4 total: $6943.62$
Year 1: $5500\times.06\times1 = 330$ add principal amount: $5830.00$ Year 2: $5830\times.06\times1 = 349.80$ add principal amount: $6179.80$ Year 3: $6179.80\times.06\times1 = 370.79$ add principal amount: $6550.59$ Year 4: $6550.59\times.06\times1 = 393.04$ add principal amount: $6943.62$