Answer:
$164.39
Step-by-step explanation:
Use this formula to solve. FV = PV(1+i)^n
FV = Future Value
PV = Present Value
i = interest in decimal form
n = number of years
FV = 161(1.0645)^(1/3)
164.38963504
rounded to nearest cent = 164.39
$3.39 interest paid
