#### Answer

Year 1 total: $1575.00$
Year 2 total: $1653.75$
Year 3 total: $1736.44$

#### Work Step by Step

Year 1: $1500\times.05\times1 = 75$
add principal amount: $1575.00$
Year 2: $1575\times.05\times1 = 78.75$
add principal amount: $1653.75$
Year 3: $1653.75\times.05\times1 = 82.69$
add principal amount: $1736.44$