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

$15,200

Explanation:

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

Where

A=final amount

P=initial principal balance

r=interest rate

n=number of times interest applied per time period

t=number of time periods elapsed

P=$10,000

r=8%=0.08

n=12( months per year)

t=5

A=$10,000(1+0.08/12)^12*5

A=$10,000(1+0.007)^60

A=$10,000(1.007)^60

A=$10,000(1.52)

A=$15,200

answer; i believe its (d) intrinsic;

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