Well, if it’s just an interest rate of 10% then you would have $220 if you have an interest rate of 10%.
If it’s an annual interest rate (yearly interest rate), then you would have $266.20
1st year: $200 x 1.10 = $220
2nd year: $220 x 1.10 = $242
3rd year: $242 x 1.10 = $266.20
