Lisa, Althea, Peta-gaye and Shari-Ann pooled $6,500 and deposited same at 8% per annum compounded quarterty Approximately how long will it take them to earn $6,500 ? (3 marks) Select one: a. 36 quarters b. 35 quarters c. 36 years d. 35 years e. 9 years

Q&A Education