Solve the Inequality $| 5 x + 7 | < 14$

question 236

Multiple Choice

Solve the inequality. Write the solution set in interval notation.
- $| 5 x + 7 | < 14$

• A) \(\left( - \infty , - \frac { 21 } { 5 } \right) \cup \left( \frac { 7 } { 5 } , \infty \right)\)
• B) \(\left( - \infty , - \frac { 21 } { 5 } \right)\)
• C) \(( - \infty , 5 )\)
• D) \(\left( - \frac { 21 } { 5 } , \frac { 7 } { 5 } \right)\)

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Definitions:

Coupon Bond

A type of bond that pays the holder a fixed interest rate (coupon) over its entire term and repays the principal at maturity.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, accounting for both interest payments and the adjustment of the bond price to its face value.

Par Value

The face value of a bond or the stock value stated in the corporate charter, often used in bond trading.

Low Interest Rates

A monetary policy situation where central banks set the base level of interest rates at a low level, typically to stimulate economic growth.