Question: Please answer the question in pen and paper , not text format. The answer is circled, but I need to know how to solve it

Please answer the question in pen and paper , not text format.

The answer is circled, but I need to know how to solve it with a formula. Please post a breakdown of answer, and the right formula to use. Thank you

Q7. Mark "Sharkey" Robinson has invested $10,000 for a period of five years in a Westpac Bank term deposit paying 6% p.a., compounded monthly. If he does not withdraw any principal or interest, what will this account be worth at the end of five years? A. $10,252.51 B. $13,382.26 $13,488.50 D. $16,534.21 E. $32,987.69

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