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7. Catherine just graduated from TAMU, and would like to purchase a house in four (4) years. If she has $300 automatically invested out of

7. Catherine just graduated from TAMU, and would like to purchase a house in four (4) years. If she has $300 automatically invested out of each paycheck at the end of each month for four (4) years into an ETF earning a nominal twelve (12) percent per year, how much of a down payment will she have at the end of four (4) years?

Group of answer choices.

A. $19,124

B. $18,550

C. $18,367

D. $14,962

E. $14,400

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