Solve the Problem. -Two Cars Leave a City and Head in the Same

question 46

Multiple Choice

Solve the problem.
-Two cars leave a city and head in the same direction. After 2 hours, the faster car is 22 miles ahead of the slower car. The slower car has traveled 84 miles. Find the speeds of the two cars.

• A) 31 mph and 42 mph
• B) 110 mph and 121 mph
• C) 42 mph and 53 mph
• D) 44 mph and 55 mph

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Definitions:

Capital Investment Analysis

The process by which management plans, evaluates, and controls long-term capital investments involving property, plant, and equipment.

Fixed Assets

Fixed Assets are long-term tangible assets purchased for use in business operations, intended to be used for more than one accounting period.

Long-term Investment

Investments made by a company to hold for more than one year, often in bonds, stocks, or real estate.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.