How much would $500 invested at 5% interest compounded monthly be worth after 4 years? round your answer to the nearest cent.

a(t)=p(1+r/n)nt
a.$508.39
b.$610.45
c.$907.68
d.$607.75

500*(1+0.05/12)^(4*12) = 610.45

Hope this helps!

Given:

The scale is 1:250.

To find:

The measurements in metres if 40 mm is drown on the plan​.

Solution:

The scale is 1:250. It means,

1 mm of the drawing = 250 mm of original length

40 mm of the drawing = 40×250 mm of original length

40 mm of the drawing = 10000 mm of original length

We know that,

1000 mm = 1 m

1 mm = 0.001 m

10000 mm = 10000×0.001 m

10000 mm = 10 m

Therefore, the measurement is 10 metres if 40 mm is drown on the plan​.