We have been provided with the information
Amount deposited today = $ 5,000
earning interest at 10%,
So r =10% for the year
so for the quarter it will be 10 /4
=2.5%
compounding quarterly for 5 years
n = 5 years
years have 20 quarters
We put the figure in the formulla as follow
deposited today earning interest at 10%, compounding quarterly for 5 years
=FV = $ 5000 ( 1+ 2.5%)20
FV= 5000 (1.025)20
FV=5000 *1.6386
FV=8193.0822