Chan has $$80$ and is trying to decide which option will help him earn the most interest over $5$ years. His Uncle Jin has offered to give him a simple interest rate of $4\%$

annually and his bank will give him an interest rate of $3\%$ compounded annually. Which one should Chan choose and how much will the future value of his $$8$ oo be at the

end of $5$ years?

a$.$ Chan should choose his Uncle Jin and the future value of his $$800$ will be $$973\mathrm{.}32.$

b$.$ Chan should choose the bank and the future value of his $$800$ will be $$973\mathrm{.}32$

c$.$ Chan should choose his Uncle Jin and the future value of his $$800$ will be $$927\mathrm{.}42.$

d$.$ Chan should choose the bank and the future value of his $$800$ will be $$927\mathrm{.}42$

e$.$ Chan should choose his Uncle Jin and the future value of his $$800$ will be $$960.$