Last year a certain bond price with a face value of 5000 yielded 7% of its face value in interest. If that interest was approx 6.5 of the bond's selling price approx what was the bond's selling price?
Pick one.
A) 4063
B) 5325
C) 5385
D) 6000
E) 6154

Rationale: "interest = 0.07 * 5000 = 0.065 * selling price - - > selling price = 0.07 * 5000 / 0.065 - - > selling price = ~ 5,385 answer : c ."
Answer: C