The First Ferris Wheel Was Designed and Built by George

question 200

Short Answer

The first Ferris wheel was designed and built by George Ferris in 1893. It was a large wheel with a circumference of 785 feet. If one trip around the circumference of the wheel took 20 minutes, find the average speed of a rider in feet per minute.

Average speed = __________ feet / minute

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Definitions:

Face Amount

The total value that will be paid to beneficiaries at the maturity of an insurance policy or the principal value of a bond at its maturity.

Note Issued

A financial instrument representing a promise to pay a specified amount of money at a future date, often used for loans or as corporate debt.

Contingent Liability

A potential financial obligation that may occur, depending on the outcome of a future event.

Estimable

Capable of being estimated or approximated in magnitude or extent.