Answer: $814.45
Step-by-step explanation:
This is the formular: A=P(1+rn)n⋅t
A = total amount
P = principal or amount of money deposited,
r = annual interest rate
n = number of times compounded per year
t = time in years
A= $500 (1+5%/1)1.10
$500 (1+0.05) 10
$500 × 1.629
=$814.45
