Answer:
The value at the end of every year is $525
Step-by-step explanation:
1. Calculate the interest earned in the first year: 5% of $500 =$25. Add the deposit to the interest: $500 +$25 = $525.
2. Calculate the interest earned in the second year: 5% of$500 = $25. Add the deposit to the interest:$500 + $25 =$525.
3. Calculate the interest earned in the third year: 5% of $500 =$25. Add the deposit to the interest: $500 +$25 = $525.
