Question

Lizzie invested $2,000 into an account that earned 5% interest per year. When she

Answer 1

Step-by-step explanation:

The way to approach the problem is this

After one year she has 2000*1.05

After two years she has the money from the last year plus interest, so she has 2000*1.05*1.05

After t years she has 2000*1.05