Which equation represents the total interest, T, earned when the principal amount is $100, the annual simple interest rate is 1%, and the number of years is 10?

T = 100 (1+.01) ^10

Step-by-step explanation:

100 is the principal amount,.01 is the rate, plus 1 because this is a growth problem, and you bring 1+.01 to the power of 10 because it expresses that 10 years is the amount of time that has gone along.