Lucy invested $10,000 in a new mutual fund account exactly three years ago. The value of the account increased by 10 percent during the first year, increased by 10 percent during the second year, and decreased by 10 percent during the third year. What is the value of the account today?  Choose the correct choice from the following answers:
A) $10,350  B) $10,395  C) $10,890  D) $11,500  E) $12,705
the amount at the end of first year will become the principle for 2nd year, applying this trick and calculating we get the amount at the end of third year to be 10890. So the answer is ($10,890).
<result>C</result>
Lucy invested $10,000 in a new mutual fund account exactly three years ago. The value of the account increased by 10 percent during the first year, increased by 10 percent during the second year, and decreased by 10 percent during the third year. What is the value of the account today?