Last year a certain bond price with a face value of 5000 yielded 7% 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?  Choose the correct answer:	A) 4063	B) 5325	C) 5385	D) 6000	E) 6154
Interest = 0.07*5000 = 0.065*selling price --&gt; selling price = 0.07*5000/0.065 --&gt; selling price = ~5,385   Answer: 5385.
<result>C</result>
Last year a certain bond price with a face value of 5000 yielded 7% 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?