Jenny borrowed $500 for five years at 4 percent interest. compounded annually. What is the total amount she will have paid when she pays off
the loan?
total amount = P(1+1)

The total amount due in the future (F) for the current loan (P) with compound interest (i) is calculated through the equation,

                                       F = P x (1 + i)^n

where n is the number of years. Substitute to the equation, the values given above,

                                       F = ($500) x (1 + 0.04)^5 = $608.326

Thus, Jenny would pay approximately $608.326.

the correct answers i think are b. and d.

give me brainliest if it is correct!