Compound interest means that the interest earned each year is added to the principal meaning that future interest is earned from the original amount + past interest.
In this case, it is NOT compounded meaning that we just have to find how much interested is earned in a year and multiply it by 5 years.
8% of $460 is 460*0.08 = 36.8
36.8*5 = 184
The answer is C) $184.00