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Suppose you deposit $ 1 , 0 0 0 today in an account that pays interest at an annual rate of 5 % . What

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?
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?
$1100
$1050
$1000
$1103

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