Solve the Problem. -The Parking Lot at a Grocery Store Has 80 Cars

question 247

Multiple Choice

Solve the problem.
-The parking lot at a grocery store has 80 cars in it. 25% of the cars are blue. How many cars are blue?

• A) 200 cars
• B) 320 cars
• C) 20 cars
• D) 32 cars

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Definitions:

Semi-Annually

Occurring twice a year, typically every six months.

Face Value

The nominal or dollar value printed on a security or bond, representing the amount that will be paid back at maturity, not including interest.

Coupon Rate

The interest rate a bond pays each year, shown as a percentage of its face value.

Yield To Maturity

The total return expected on a bond if it is held until the date it matures, including both interest payments and the difference between the bond's current market price and its face value.