Jaxson invest $7,500 into an account with a 4.6% interest rate that is compounded monthly how much money will be in this account after 5years. Round your answer to the nearest cent

$9,435.35

Step-by-step explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 4.6/100

r = 0.046 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 7,500.00(1 + 0.046/12)(12)(5)

A = 7,500.00(1 + 0.003833333)(60)

A = $9,435.35

i believe the correct answer is option 4.principalities were small territories that were run by russian rulers.

which statement correctly defines principalities in northern asia in the 1200s? principalities were small territories that were run by russian rulers.

hope i could ! : )

8

step-by-step explanation: