12.79% is yearly rate compounded every year for 10 years. Example:
$300 x 1.1279 =$338.37.........Year 1
$338.37 x 1.1279 =$381.65....Year 2
$381.65 x 1.1279 =$430.46....Year 3......and so on. If you continue like this, you should get $1 trillion in 10 years.