Q5 Giving that the initial capital is $10,000, annual interest rate is 4%, answer the following questions. You can put down the formula. (a) Using simple interest, what will be the total amount after 10 years? (b) Using compound interest, what will be the total amount after 10 years? (c) Using compound interest calculated monthly, what will be the total amount after 10 years?

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A: A, B, C are coplanar.So

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A: Since you have asked multiple question, we will solve the first question for you. If you want any…