1. A company's annual total output value is expected to grow at a rate of $10 \%$ per year. If the company's total output value in 2000 was 10 million yuan, then the company's annual total output value in 2003 would be ( ).
A. 1331 million yuan
B. 1320 million yuan
C. 1310 million yuan
D. 1300 million yuan
1. A. $1000(1+10 \%)^{3}=1331$.