Question: Not sure how I got wrong. I got $1,100 Question 7 (1 point) Suppose you deposit $1,000 today in an account that pays interest at

Not sure how I got wrong. I got $1,100

Question 7 (1 point) Suppose you deposit $1,000 today in an account that pays interest at an annual rate of 5%. What will be the balance in the account at the end of two years if you withdraw only the interest paid on the interest at that time? 0 $1,000 0 $1,050 0 $1,100 0 $1,003

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