Q18:
Pat invested x dollars in a fund that paid 8 percent annual interest, compounded annually. Which of the following represents the value, in dollars, of Pat’s investment plus interest at the end of 5 years?
A. 5(0.08x)
B. 5(1.08x)
C. [1 + 5(0.08)]x
D. (1.08)5x
E. (1.08x)5
Ans: D
請教這題如何得出 答案D???
感謝 :P