True! The absolute Value is just the value of the digit. -2+3=-1. The absolute value of -1 is 1. There is no other combination of numbers that would lead to this answer.
The distance from the house to the lake is (2.5 hr)*(48 mi/hr) = 120 miles. The rerurn trip would take (120 mi)/(40 mi/hr) = 3 hours. Distance equals rate times time, so the distance to the lake is 2 1/2 hours times 48 miles per hour.