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Merlyn Winters started a paper route on January 1, 2014. Every three months, she deposited $500 into her bank account, which earned 4% interest, compounded

Merlyn Winters started a paper route on January 1, 2014. Every three months, she deposited $500 into her bank account, which earned 4% interest, compounded quarterly. On December 31, 2017, she used the entire balance in her bank account to invest in a contract that pays 9 percent annually. How much will she have on December 31, 2020?

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