You deposit $2000 into a savings account to pay 5% interest compounded annually if you make no more deposit or any withdrawal is right in equation that shows how much money will be in the account after five years.

Answer: A = 2000 (1.05) ^5

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P (1 + r/n) ^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = $2000

r = 5% = 5/100 = 0.05

n = 1 because it was compounded once in a year.

t = 5 years

Therefore, the equation that shows how much money will be in the account after five years is

A = 2000 (1 + 0.05/1) ^1 * 5

A = 2000 (1.05) ^5