1. Complete column C for each year. The initial value will be the total amount in the account from the previous year plus any additional deposits that you've made. Think carefully about what the exponent should be for this calculation.
2. Complete column D by subtracting the total account investment (the money that you deposited) from the total in the account to find how much interest you've earned on your investment.

You are going to invest $1200 at the start of every year into an account that has an annual rate of return of 3%.

A Year 1 2 3 4 5 6 7 8 9 10 fx Year B Yearly Starting Balance January 1 Investment Amount D Account Balance AFTER January 1 Investment E Account Balance with Additional Yearly Interest F Interest Earned This Year Total Interest Earned G H