If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the

If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 9 years if interest is compounded annually.

We assume the interest is compounded at the end of the year. Use the annuity immediate formula:
67,897.39