Consider the Following Scenario When Answering the Following Questions

question 93

Multiple Choice

Consider the following scenario when answering the following questions:
Your friend Jon is starting a new photography business that specializes in photographs of Central Park in New York City. Because his business is new and risky, he is unable to obtain a loan from the local bank. On June 21, 2017, you agree to pay a price of $4,000 for a bond from Jon. You will receive $5,000 in return on June 21, 2018.
-The dollar price of the bond mentioned in the scenario is equal to

• A) $9,000.
• B) $1,000.
• C) $4,000.
• D) $5,000.
• E) $20,000.

---

Definitions:

Kneaded

The process of working dough or clay with the hands to mix and develop the texture.

Pronoun Error

A grammatical mistake involving incorrect use or form of a pronoun, affecting clarity and precision in communication.

Baked

Cooked by dry heat, especially in an oven.

Pronoun

A word used in place of a noun to avoid repetition or to refer to participants in a conversation contextually.