Loretta invested $1000 in a simple interest account yielding 5% paid annually. in 2 years, she will have $1100 in her account. from this example, we can conclude that $1100 represents the

$1100 will represent the amount after 2 years at the rate of 5%.

Step-by-step explanation:

Since we have given that

Principal amount = $1000

Rate of interest = 5%

Time period = 2 years

As we know the formula for "Simple Interest ":

And we know that

So, $1100 will represent the amount after 2 years at the rate of 5%.

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step-by-step explanation: