If a Bond Sells for $2,000 and Pays $200 Per

question 164

Multiple Choice

If a bond sells for $2,000 and pays $200 per year in interest, the interest rate on the bond is

• A)20 percent.
• B)10 percent.
• C)5 percent.
• D)100 percent.

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Definitions:

Minority Groups

Demographic categories of populations differentiated by social status from the dominant group, including distinctions based on ethnicity, race, religion, or sexual orientation.

United States

A country located in North America, comprising 50 states, a federal district, five major self-governing territories, and various possessions.

Heritability

The proportion of variation in traits in a population that can be attributed to genetic variation among individuals.

IQ

Intelligence Quotient (IQ) is a measure used to assess human intelligence, derived from standardized tests.