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Answer :
If an individual invests $10,000 today at an interest rate of 10%, he/she can accumulate an amount of $25,940 in ten years. The answer is D.
This is the compound interest formula that is used to calculate the amount of money an individual would have after a certain amount of time, given a certain interest rate.
The formula for compound interest is A = P(1+r/n)^(nt), where A represents the final amount, P is the principal amount, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time period in years. Plugging in the given values in the formula, we get A = 10,000(1+0.1/1)^(1*10) = $25,940.
Therefore, investing $10,000 at 10% interest today can yield an amount of $25,940 in ten years.
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