Question

8250(1+(0.05)/(2))¹⁰ a. Rounded to the nearest cent,

Answer 1

To calculate the expression 8250(1+(0.05)/(2))¹⁰ and round it to the nearest cent, divide 0.05 by 2, add 1 to the result, multiply it by 8250, and round the final answer to the nearest cent, which is 2,085.6.

Step-by-step explanation:

The expression 8250(1+(0.05)/(2))¹⁰ can be simplified as follows:

1. First, divide 0.05 by 2 to get 0.025.
2. Add 1 to 0.025 to get 1.025.
3. Multiply 8250 by 1.025 to get the result.
4. Rounding the result to the nearest cent, we get 2,085.6.