Last year a certain bond price with a face value of 5000 yielded 8% of its face value in interest. If that interest was approx 6.5 of the bond's selling price approx what was the bond's selling price?	Choices
A) 4063  B) 5325  C) 5351  D) 6000  E) 6154
Interest = 0.08*5000 = 0.065*selling price --&gt; selling price = 0.08*5000/0.065 --&gt; selling price = ~6,154   Answer: 6154.
<result>E</result>
Last year a certain bond price with a face value of 5000 yielded 8% of its face value in interest. If that interest was approx 6.5 of the bond's selling price approx what was the bond's selling price?