If interest is compounded annually then over one year only 10% would accrue: 770 interest, 8470 in total.
If interest is compounded semiannually, then in 6 months 5% would accrue: 385 interest, 8085 in total. After a further 6 months, another 5% would accrue: 404.25 interest, 8489.25 in total.
At a quarterly level, 2.5% would accrue: first qtr: 192.5 interest, 7892.5 total; 2nd qtr: 197.31 interest, 8089.81 total; 3rd qtr: 202.25 interest, 8292.06; last qtr: 207.30 interest, 8499.36 total.
Monthly, the compounded interest would be based on 10/12=0.833% per month. At the end of one year the interest would be 806.29 interest, 8506.29 total.