assuming is just simple interest annually
\(\bf \qquad \textit{Simple Interest Earned Amount}\\\\
A=P(1+rt)\qquad
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$1100\\
r=rate\to 11\%\to \frac{11}{100}\to &0.11\\
t=years\to &10
\end{cases}\)
