Step 1 :Define the variables: the principal amount \(P = \$600\), the annual interest rate \(r = 2.3\% = 0.023\), the number of times interest is compounded per year \(n = 4\), and the time in years \(t = 10\).
Step 2 :Calculate the future value using the compound interest formula: \(A = P \times (1 + \frac{r}{n})^{n \times t}\).
Step 3 :Substitute the values into the formula: \(A = 600 \times (1 + \frac{0.023}{4})^{4 \times 10}\).
Step 4 :Round the result to the nearest dollar to get the future value of the investment.
Step 5 :The future value of the investment is \$755.
Step 6 :Final Answer: Matthew will have \(\boxed{755}\) dollars in his account after 10 years.