1. A person deposits 1000 yuan in the bank now. If the annual interest rate of the deposit is 5% and the compound interest is calculated, how much money can he get back from the bank in three years?

1. A person deposits 1000 yuan in the bank now. If the annual interest rate of the deposit is 5% and the compound interest is calculated, how much money can he get back from the bank in three years?

1000*1.05*1.05*1.05=1157.625