The first year, he gets : 5000 x 2% = 100
The second year, he gets : 5100 x 2% = 102
The third year, he gets : 5202 x 2% = 104,04
The fourth year, he gets : 5306,04 x 2% = 106,128
The fifth (final) year, he gets : 5412,068 x 2% = 108,24136
So, in 5 years, he will get 100 + 102 + 104,04 + 106,128 + 108,24136 = 520,40936.
Hope it's correct?
