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Lizzie invested $2,000 into an account that earned 5% interest per year. When she
cashed out the investment, it was worth a total of $2,205.
Create an equation (using the word bank) that describes Lizzie's investment based on t,
the number of years she kept the account open.
Word Bank:
1.05
0.05
$2.205
$205
t
$2,000

Respuesta :

kalyssakirby

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

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