You and Your Friend Want to Go to the Top

question 98

Multiple Choice

You and your friend want to go to the top of the Eiffel Tower. Your friend takes the elevator straight up. You decide to walk up the spiral stairway, taking longer to do so. Compare the gravitational potential energy (U) of you and your friend, after you both reach the top.

• A) It is impossible to tell, since the times are unknown.
• B) It is impossible to tell, since the distances are unknown.
• C) Your friend's U is greater than your U, because she got to the top faster.
• D) Both of you have the same amount of potential energy.
• E) Your U is greater than your friend's U, because you traveled a greater distance in getting to the top.

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Definitions:

Note Issuance

The process of creating and distributing a promissory note, which is a financial instrument indicating a promise to pay.

Interest Expense

The financial burden on an entity for using loans or credit over a certain period.

Discount Rate

The interest rate used to discount future cash flows to their present value, often used in investment appraisal.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventories.