Suppose that Nora invested $800at 8.5% compounded annually for 7years and Patti invested $800 at 8% compounded quarterly for 7 years. At the end of 7years, who will have the most money and by how much (to the nearest dollar)?
?
A. Patti by $23
B. Nora by $18
C. Patti by $18
D. Nora by $23
E. They will have equal amounts of money.
Answer: D
Mathematics
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What will be an ideal response?
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Multiply and simplify.18 
A. 
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C. -2
D. 2
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