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? Select one of the following answer choices A 5(0.08x) B 5(1.08x) C [1 + 5(0.08)]x D (1.08)⁵x E (1.08x)⁵ Submit Log in or register to post comments