Coffee Is Best Enjoyed at a Temperature of 118°F

question 374

Multiple Choice

Coffee is best enjoyed at a temperature of 118°F. A restaurant owner wants to discover the temperature T at which he should serve his coffee so that it will have cooled to this ideal temperature in 4 minutes. He discovers
That a cup of coffee served at 197°F cools to 184°F in one minute when his restaurant is at 68°F. If he maintains
The restaurant temperature at 68°F, at what temperature should he serve the coffee to meet his goal?

• A) 144°F
• B) 139°F
• C) 164°F
• D) 197°F

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Current Yield

The annual income (interest or dividends) earned from a security, expressed as a percentage of its current market price.

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The act of buying and selling securities in financial markets, either for personal investment or on behalf of an institution.

Coupon Bond

A type of bond that pays the holder a fixed interest payment (coupon) at regular intervals until the bond's maturity, when the principal is repaid.

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The annual income (interest or dividends) divided by the current price of the security, used primarily for bonds.