Last year a certain bond yielded 8 percent of its face value in interest. If that interest was approximately 4 percent of the bonds selling price of $7,500, what is the bonds face value?	Choose the most appropriate option: A) $6,000 B) $3,750 C) $7,425 D) $7,500 E) $9,375
Interest = 0.08*face value = 0.04*7,500 --&gt; face value = 0.04*7,500/0.08 = 3,750.   Answer: $3,750.
<result>B</result>
Last year a certain bond yielded 8 percent of its face value in interest. If that interest was approximately 4 percent of the bonds selling price of $7,500, what is the bonds face value?