Suppose Skyler invests in an annuity that pays 3.2% annual interest, compounded monthly. If she contributes $155 every month for
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Answer:
No, she is not correct as her speed is 0.25 miles per minute.
Step-by-step explanation:
Given:
Ratio of distance to time taken is 15 : 60.
Distance is in miles and length of time is in minutes.
We know that, average speed is given as the ratio of the distance traveled and the length of the time taken.
So, the ratio above is nothing but the average speed of Reese for cycling.
Thus, average speed of Reese is given as:
Therefore, the average speed of Reese is 0.25 miles per minute which is not equal to the one mentioned by Reese as 4 miles per minute.
So, Reese conclusion of her average speed is incorrect. It's not 4 but the reciprocal of 4 which is 0.25 miles per minute.