If kelly deposits $10,000 into an account that pays 8 percent interest, compounded annually, and she makes no further deposits or withdrawals,
how much will kelly have in her account at the end of 5 years?
a)$14,000.
b)$14,482.
c)$14,693.
d)$15,000.

C) $14,693

Explanation:

Compound interest considers the return on investment (or interest) to be reinvested and provides return as well. Future value of principal value considering compound interest can be determined by below formula:

where

is the future value

is the principal amount invested

is the rate of interest

is the number of times interest is compounded within one time period

is the number of time periods

answer$22,000 ;

answerchemical property;