Lin wonders how much money she could save over 30 years if she puts $100 at the start of each year into an account with 3% interest per year compounded annually at the end of the year. She calculates the following, but thinks she must have done something wrong since that seems like a lot of money: total amount = 1001-1.330 1-1.3 872, 998.55 What did Lin forget in her calculation? How much should her total amount be? Explain or show your reasoning.

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