Consider a Bond That Has a Present Value of $1,500

question 51

Multiple Choice

Consider a bond that has a present value of $1,500.If the annual rate of interest is 4 percent, the future value of the bond after a year is

• A)$1,560.00.
• B)$1,540.00.
• C)$1,440.00.
• D)$1,442.31.

---

Definitions:

Speech

The oral expression of language, consisting of the articulation of sounds for the purposes of communication.

Sound Units

The smallest segments of sound that contribute to distinguishing meaning in a language, also known as phonemes.

Grammatical Morphemes

Small units of language that convey grammatical relationships and meanings, for example, suffixes and prefixes that denote tense or number.

Running Away

The act of leaving or escaping from a place, often as a response to conflict or danger.