.0032 = 0.32%
.32 = 32%
.32 is 100 times greater than .0032, therefore, 0.32 is greater
Answer: The amount of money in his account after 4 years = $7,658.73
Step-by-step explanation:
If interest is compounded annually, then formula to compute amount :
, where P+ principal value, r= rate of interest, n= time ( in years).
As per given,
P= $6700 , r = 3.4% =0.034, n =4

Hence, the amount of money in his account after 4 years = $7,658.73
Answer:
sorry i cant help
Step-by-step explanation: