$1\mathrm{.}72\%$ compounded daily. You have $$5500$ to keep in a savings account for $4$ years, so you need to decide which bank would pay more interest.

The online bank has an APY of what percentage? Round your percentage to three decimal places$)$

$\%.$

The hometown bank has an APY of what percentage? Round your percentage to three decimal places$)$

$\%.$

Therefore if you invest the same amount of money for the same amount of time, the bank that pays more interest is

Online bank

Hometown bank

How much more interest would you earn at the bank you just selected compared to the other bank? State your result rounded to two decimal places.

Hint: You will need to use the original investment information to calculate the interest earned on each account.

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