Mock Set 1 Paper 02 Calculator

\[ \begin{array}{l} \text{Sophie invests \pounds 5000 in a savings account for 2 years.} \\ \text{The account pays compound interest at a rate of 3.05\% per year.} \\ \\ \text{Calculate how much Sophie has in this savings account at the end of the 2 years.} \end{array} \]