Last year a certain bond yielded 5 percent of its face value in interest. If that interest was approximately 4 percent of the bonds selling price of $6,500, what is the bonds face value?
Choose the correct answer:	A) $5,200	B) $6,750	C) $7,425	D) $7,500	E) $9,375
Interest = 0.05*face value = 0.04*6,500 --&gt; face value = 0.04*6,500/0.05 = 5,200.   $5,200nswer: $5,200.
<result>A</result>
Last year a certain bond yielded 5 percent of its face value in interest. If that interest was approximately 4 percent of the bonds selling price of $6,500, what is the bonds face value?