PLZ HELP!!!!
2 answers:
You might be interested in
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
The second condition tells you that 
is half the size of 
, so 
, which could be rewritten in several ways. In standard form, that would be 
.