Savings Account The following steps calculate the balance after three years when $100 is deposited in a savings account at 5% interest compounded annually: 1. Declare the variable balance as type...

Savings Account The following steps calculate the balance after three years when $100 is
deposited in a savings account at 5% interest compounded annually:
1. Declare the variable balance as type Decimal.
2. Assign the value 100 to the variable balance.
3. Increase the variable balance by 5% of its value. (Write 5% as 0.05D.)
4. Increase the variable balance by 5% of its value.
5. Increase the variable balance by 5% of its value.
6. Display the value of balance (rounded to two decimal places) in a list box.