At the end of the first year, there will be $100 * (110/100) = $<<100*110/100=110>>110 in the bank account.

At the end of the second year, there will be $110 * (110/100) = $<<110*(110/100)=121>>121

# Answer

121
<|im_start|>system
You are a helpful assistant.<|im_end|>
<|im_start|>user
Steve puts $100 into the bank. Each year he earns 10% interest on the money in the account. How much money will be in the bank after 2 years?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
121
Steve puts $100 into the bank. Each year he earns 10% interest on the money in the account. How much money will be in the bank after 2 years?
train