<prompt> Write an equation to calculate the compound interest of 1,000 for 10 years at a 5 interest rate.  <response>: The equation to calculate the compound interest of 1,000 for 10 years at a 5 interest rate is: A P1 rnntWhere:A the future value of the investmentloan, including interestP the principal investmentloan amount the initial deposit or loan amountr the annual interest rate decimaln the number of times the interest is compounded per yeart the number of years the money is investedborrowed forIn this case, if we assume that the interest is compounded annually n1, the equation would be:A 10001 0.051110 1,628.89This means that the value of the initial investment of 1,000 after 10 years, compounded annually at a 5 interest rate, would be 1,628.89. 