Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

When Janette was 5 years old, her grandmother deposited $2500 into a savings account for her. The account pays a simple annual interest rate of 4%. What will the balance be when Janette turns 15 years old?