I think this is right but, 0.000345 = 3.45x10^-4
<span>First, we must calculate the amount that will be available after two years. This is given by:
Amount = initial amount * (1 + interest rate)^time
Amount = 1500 * (1 + 0.05)^2
Amount = $1,653.75
Therefore, the only items you can buy using this amount are the electronics worth $1,650</span>
4 for part A
17 for part B
