For any $k \in \mathbb N$,
$$\begin{bmatrix}2&-2\\0.5&0\end{bmatrix}^k = \begin{bmatrix}k+1&-2k\\k/2&-(k-1)\end{bmatrix}$$
I found this empirically using numerical computation, but I cannot prove it. I have tried computing the eigendecomposition, but this matrix is not diagonalizable.
Hint
Induction should work better.