Q8

Case 5: Amy started a paper route on January 1, 2014. Every three months, she deposited $300 in her bank account, which earned 8 percent annually but was compounded quarterly. On December 31, 2017, she used the entire balance in her bank account to invest in a contract that paid 14 percent annually. How much will she have on December 31, 2017?

Question 8 options:

	$8,284
	$5,250
	$8,500
	$5,592