Question 9 (2 points)

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, 2020?

Question 9 options:

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