Choose the One Alternative That Best Completes the Statement or Answers

question 24

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-A bicycle wheel rotates 500 times in a minute as long as the rider is pedalling. If the rider stops pedalling, the wheel starts to slow down. Each minute it will rotate only 4/5 as many times as in the preceding minute. How
Many times will the wheel rotate in the 4th minute after the rider's feet leave the pedals? Round your answer to
The nearest unit.

• A) 0 times
• B) 158 times
• C) 211 times
• D) 8 times

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Definitions:

Treasury Bonds

Long-term government debt securities issued by the U.S. Treasury with a maturity of more than ten years that pay periodic interest until maturity when the face value is paid back.

Ask Price

The price at which a dealer will sell a security.

Wall Street Journal

An international daily newspaper focused on business and economic news, published in New York.

Treasury Note

Medium-term securities issued by the U.S. Treasury that mature in two to ten years and pay interest every six months.