The Amount of Tread Left on a Tire Varies Inversely $\frac { 5 } { 8 }$

question 174

Multiple Choice

The amount of tread left on a tire varies inversely as the number of miles the tire has traveled. A tire that has traveled 40,000 mi has $\frac { 5 } { 8 }$ in. of tread left. How much tread will be left on a tire that has traveled 19,000 mi ?

• A) \(\frac { 25 } { 19 } \text { in. }\)
• B) \(\frac { 19 } { 25 } \text { in. }\)
• C) 64,000 in.
• D) \(\frac { 1 } { 64000 } \text { in. }\)

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Definitions:

Premium on Bonds Payable

The excess of a bond's sale price over its principal amount.

Bonds Payable

A long-term liability account that records the amounts owed by a company to bondholders until the debt’s maturity date.

Installment Note

A debt or loan that is repaid over time with a set number of scheduled payments, typically including both principal and interest.

Interest Expense

Interest expense is the cost incurred by an entity for borrowed funds, payable over a certain period to the lender as compensation for the loan.