If you invest $$5,000$ in a savings account with an annual interest rate of $8\%,$ how much will you

have in the account after $5$ years?

a$.F{V}_5=$$$5,000**(1+0\mathrm{.}08{)}^5=$$$7,346\mathrm{.}64$

b$.F{V}_5=$$$5,000**(1+0\mathrm{.}08{)}^5=$$$7,723\mathrm{.}15$

c$.F{V}_5=\frac{\text{\$}5,000}{(1+0\mathrm{.}08{)}^5}=$$$3,402\mathrm{.}92$

d$.F{V}_5=\frac{\text{\$}5,000}{(1+0\mathrm{.}08{)}^5}=$$$7,302\mathrm{.}92$