A Boat Can Cruise at 35 Mph in Still Water

question 258

Short Answer

A boat can cruise at 35 mph in still water. What is its cruising speed downstream with a current of 5 mph?
______ mph

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Definitions:

Quoted Loan Rates

The interest rates that lenders provide to potential borrowers when quoting the costs of a loan.

APR

Annual Percentage Rate, a measure used to compare the annual cost of borrowing or the annual yield from an investment, including interest and fees.

Quoted Loan Rates

The interest rates that banks or other lenders advertise as available to borrowers.