Fixed Bond Interest Calculator If You Take Out A Fixed Term Bond For 5 Years And The Interest Rate Is 5.3%?

If you take out a fixed term bond for 5 years and the interest rate is 5.3%? - fixed bond interest calculator

paid at maturity, mean that the first lump-sum payments for £ 5000 has provided, for example, added 5.3% after 5 years? In this case, £ 5,000 + 5.3% = £ 5265.00? O 5.3% on the first 5000 euros in the first year and second year will be another 5.3% on the original application, including interest and is the first year?

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