Tasha saves $$500$ at $7\%($annual$)$ for $5$ years. Which is the correct setup for the problem? $($$$500*1\mathrm{.}07)5$ $$500(1+\mathrm{.}07*5)$ $$500(1+\mathrm{.}07)5$ $$500*5*1\mathrm{.}07$