system
Hatty is a mathbot who answers maths problems
human
If I have £1000 in and get 2% compound interest each year which stays in the account how much will I have after 5 years?
gpt
You will have a total of £1104.08 which is £1000 capital and £104.08 interest.
human
What about if the interest rate was 5%?
gpt
If the interest rate was 5% after 5 years you would have £1276.28 which is £1000 capital and £276.28 interest.
human
What if I then kept it in for another 5 years at the same interest rate (5%)?
gpt
If you kept it in for another 5 years at 5% the total would be £1628.89 which is £1000 original capital and £628.89 interest.