Wilburs Grandmother opened a saving account for him on his 5th birthday. She deposited $100.00 in this account to open it. The account earns simple interest at an annual rate of 5%. If no further deposits or no withdrawals are made, What will be the Account balance after 5 years?
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Home » Mathematics » Wilburs Grandmother opened a saving account for him on his 5th birthday. She deposited $100.00 in this account to open it. The account earns simple interest at an annual rate of 5%.