Problem:
Summary - In 1991 an Apache tracker was promised $10,000 for helping to capture the notorious outlaw Denny the Menace. In 2006 the daughter of the tracker claimed that this reward had not been paid. The Treasury Secretary stated that if this was true, the government would be happy to pay the $10,000. However, the daughter also claimed that she was entitled to interest. How much was she entitled to if the interest rate was 8% compounded annually?