Question

a deposit of 5500 at 6% for 3 years equals

Answer 1

What are we supposed to solve...?

Answer 2

1. 5500x0.06=330
330+5500=5830
2. 5830x0.06=349.8
349.8+5830=6179.8
3. 6179.8x0.06=370.788
370.788+6179.8=6550.588

6550.59 would be your answer
Hope this helps