Simple interest 400 + (4 x 5 x 8) = 400 + 160 = 560;
Compound interest 400 x 1.085 = 400 x 1.47* = 588.
*Actually the multiplier is 1 .469
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5% of 400 is 20.
5% of 400g= 5% * 400= 0.05 * 400= 20g
5% of $400 = 5% * 400 = 0.05 * 400 = $20
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3000