Find the compound interest on $500 in 5years at 5% per annum, the interest being compounded yearly? Choose the correct choice from the following:	A) $138.14	B) $150.12	C) $142.65	D) $152	E) $164.12
Principle = $500   Rate = 5% yearly   Amount = 500*(1 + 5/100)^5 = 500 * 21/20 * 21/20 * 21/20 * 21/20 * 21/20   = $638.14   C.I. = 638.14-500= 
<gadget id="calculator">638.14-500</gadget>
<output>138.14</output>
$138.14   $138.14nswer is $138.14
<result>A</result>
Find the compound interest on $500 in 5years at 5% per annum, the interest being compounded yearly?