Question

1. How much will Claire have after 2 years?
2. Also how much will she have after 5 years

Answer 1

1. $329.60

2. $824.00

Explanation:

1.03 x 2= 2.06

2.06 x 160= 329.60

1.03 x 5= 5.15

5.15 x 160= 824