Solve the Problem. -Two Trains Leave a Train Station at the Same Time

question 51

Multiple Choice

Solve the problem.
-Two trains leave a train station at the same time. One travels east at 12 miles per hour. The other train travels west at 7 miles per hour. In how many hours will the two trains be 114 miles apart?

• A)6.5 hr
• B)12 hr
• C)3 hr
• D)6 hr

---

Definitions:

Lender of Last Resort

An institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are deemed at risk of failure.

Financial Institutions

Financial Institutions are organizations such as banks, credit unions, and insurance companies that provide a wide range of financial services including deposits, loans, investments, and currency exchange.

Federal Funds Rate

The borrowing cost at which financial institutions lend and borrow federal funds (reserves at Federal Reserve Banks) from each other overnight.

Interest Rate

Interest rate is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.