Wirtz Math Finance Chapter 5 Lesson 7

Term Definition
odometer (p259) A gauge on the dashboard of a car that indicates the distance the car has traveled since it left the factory
electronic odometer (p259) An odometer which gives the distance readings digitally.
mechanical odometer (p259) An odometer that consists of a set of cylinders that turn to indicate the distance traveled.
trip odometer (p259) Another odometer that gives the accumulated distance traveled on a particular trip.
speedometer (p259) A device that tells the rate at which the car is traveling.
fuel economy measurement (p259) How much gasoline a care uses to travel a certain distance.
miles per gallons (mpg) (p259) A type of fuel economy measurement, which uses the English Standard system.
kilometers per liter (km/L) (p259) A type of fuel economy measurement, which uses the metric system.
English Standard System (p259) System of measurement used in the United States.
Metric System (p259) System of measurement used in other countries outside the United States.
distance formula (p260) A formula for the distance a car travels for the distance a car travels that is a function of the rate and time that it travels, or d = rt.
currency exchange rate (p264) A rate used to convert one country's currency to another country's currency.