do you want to ask this?
let me answer:
1. First year: 1+1*5%=1(1+5%)
Second year: 1 (1+5%)+1 (1+5%) 5% = 1 (.
The second power of
...
The nth year: 1(1+5%) to the nth power
Therefore, the total amount in the 1th year should be 1(1+5%) to the 1th power =1628.89 (yuan)
2. Think for yourself:
First year: 1+1*5%=1(1+5%)
Second year: 1(1+5%) squared+1(1+5%)
...