Solve. -A Cabin Cruiser Travels 20 Miles in the Same Time

question 5

Multiple Choice

Solve.
-A cabin cruiser travels 20 miles in the same time that a power boat travels 40 miles. The cruiser travels 5 mph slower than the power boat. Find the speed of each boat.

• A)Power boat travels 10 mph and cruiser travels 5 mph.
• B)Power boat travels 20 mph and cruiser travels 15 mph.
• C)Power boat travels 15 mph and cruiser travels 10 mph.
• D)Cannot be determined with information given.

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Definitions:

Savings

Money that is put aside for future use rather than spent immediately, often in accounts that yield interest.

Interest Rates

The percentage of a loan charged as a cost of borrowing or paid as a part of return on savings, typically expressed as an annual percentage of the principal.

Classical Economists

A group of economists in the late 18th and early 19th centuries who believed in the theory that markets function best without government intervention.

Adam Smith

A Scottish economist, philosopher, and author known as the father of modern economics, famous for his work "The Wealth of Nations."