Question: $ 2 , 0 0 0 is deposited into a savings account for one year at a simple interest rate of 5 % . a

$2,000 is deposited into a savings account for one year at a simple interest rate of 5%.
a. What is the value of the savings account at the end of the year?
b. What is the value of the savings account at the end of five years?
c. What is the interest paid on this account at the end of five years?
$2,000 is deposited into a savings account for one year at

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