Simplify the Fraction $\frac { 10 } { 15 }$ A) $\frac { 2 } { 3 }$

question 334

Multiple Choice

Simplify the fraction. $\frac { 10 } { 15 }$

• A) \(\frac { 2 } { 3 }\)
• B) \(\frac { 1 } { 3 }\)
• C) \(\frac { 1 } { 2 }\)
• D) \(\frac { 3 } { 2 }\)
• E) \(\text { undefined }\)

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Definitions:

Inflation

The rate at which the general level of prices for goods and services rises, eroding purchasing power over time.

Bond Prices

The market price at which a bond is currently trading, influenced by interest rates, the bond's credit rating, and other market factors.

Market Value

The market's current rate for transactions involving an asset or service.

Bond

A fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental, where the issuer owes the holders a debt and is obliged to pay interest and/or to repay the principal at a later date, termed maturity.