After one year it earns $10 in interest because 100 x .1 = <<100*.1=10>>10

It has $120 in it after a year because 100 + 10 + 10 = <<100+10+10=120>>120

In the second year it earns $12 in interest because 120 x .1 = <<120*.1=12>>12

In the second year it has $142 in it because 120 + 12 + 10 = <<120+12+10=142>>142

# Answer

142
<|im_start|>system
You are a helpful assistant.<|im_end|>
<|im_start|>user
Steve has a bank account that earns 10% interest every year. He puts $100 in it, and then 10 each year. How much money is in it after two years?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
142
Steve has a bank account that earns 10% interest every year. He puts $100 in it, and then 10 each year. How much money is in it after two years?
train