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urgent, please help! Lizzie wants to be able to afford a long European vacation as a graduation gift to herself after college. Since she is
urgent, please help! Lizzie wants to be able to afford a long European vacation as a graduation gift to herself after college. Since she is several years away from this trip, she decides to invest some money into a savings account to help. She works a steady job during her senior year of high school, where she knows she can put 500 dollars a month into a high-yield savings account. Her account earns 2.8% APR, compounded monthly. Lizzie built a spreadsheet (shown below) to help her figure out how much she will have in her account after 55 months.. Use the spreadsheet to help you answer Questions 1-4. 1. The total amount earned on each deposit can be thought of as a geometric sequence where each term is 0.997 times the previous one. The sum of these deposits is what lizze earned. A. Show how the total amount earned on deposit one was calculated. B. Write the sum of the total amount earned on the first 53 deposits using SIGMA NOTATION show sigma notation calculation. C. Calculate the sum for deposit 54 and deposit 55
urgent, please help!
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