Shota invests $2000 in a certificate of deposit that earns 2% in interest each year

write a function that gives the total value V(t), in dollars, of the investment t years from now

Step-by-step explanation:

To solve the problem, we use the compound interest formula.

The formula that gives the total value V(t) of the investment after t years is:

where

is the initial value of the investment

r is the interest rate

t is the time (in years)

V(t) is the value of the investment after t years

In this problem:

is the initial investment

is the interest rate

Substituting, we find the final expression for this problem:

which can be reduced to

c is the final answer! : )

the answers c