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A boat travels upstream and after one hour has gone 10 km.The boat next travels downstream and after one hour has gone 16 km.If the boat's speed relative to the water is constant,what is the speed of the current in the river?
Pension Program
A financial arrangement designed to provide individuals with an income when they are no longer earning a regular income from employment.
Real Rate
The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on investment.
Nominal Interest Rate
The percentage increase in money that the borrower pays the lender, not adjusting for inflation.
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling, over a given period of time.
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