Pat invested x dollars in a fund that paid 8% 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)}xd. (1.08)^5 *(x)e. (1.08x)^5

D.  

Step-by-step explanation:

The formula to find the compound amount (investment plus interest ) at the end of t years :

               (1)

, where r= rate of interest ( in decimal)

P= Initial amount.

As per given , we have

P = x dollars

r = 8% = 0.08  

t = 5

Put all the values in (1) , we get

Therefore , the the expression that represents the value, in dollars, of Pat's investment plus interest at the end of 5 years :

Hence, the correct answer is D.  

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