Megan Invested in 10 Bonds with a Total Face Value

question 46

Multiple Choice

Megan invested in 10 bonds with a total face value of $5,000, issued by Zen Corporation. The bonds paid 10% semiannual interest until the maturity date. Which of the following is the value of interest earned in the first installment on a single bond?

• A) $50
• B) $100
• C) $500
• D) $250
• E) $75

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Standard of Living

The degree of wealth, comfort, material goods, and necessities available to an individual, group, or society.

Farm Labor Output

The total amount of agricultural goods and services produced by farm labor within a given period.

Family Farms

Small-scale farming operations owned and operated by a single family, often passed down through generations, focusing on self-sufficiency or local markets.

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