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Tutors Answer Your Questions about Finance (FREE)
Question 168531: can someone please help me with this:
Find the payment necessary to amortize the loan.
$12,100; 12% compounded monthly; 48 monthly payments
$313,57
$318,64
$1458,32
$318.87: can someone please help me with this:
Find the payment necessary to amortize the loan.
$12,100; 12% compounded monthly; 48 monthly payments
$313,57
$318,64
$1458,32
$318.87
Click here to see answer by jojo14344(818)  |
Question 168532: can somoene please help me with this:
A note with a face value of $2400 was discounted at 12%. If the discount was $95 find the length of the loan in days.
119 days
120 days
90 days
150 days: can somoene please help me with this:
A note with a face value of $2400 was discounted at 12%. If the discount was $95 find the length of the loan in days.
119 days
120 days
90 days
150 days
Click here to see answer by Mathtut(333) |
Question 168016: A sailor went to three casinos (gambling houses) on the same night. At the Tropicana, he doubled his money and then lost $30; he took his remaining money and went to Ceasar's Palace. There he tripled the money with which he entered and lost $54. At that point, he took his remaining money and went to Aladdins. There he quadrupled the money with which he entered but then spent $72. He spent no more money, and when he returned to his room he had $48 left. How much money did he have before he went to the casinos?: A sailor went to three casinos (gambling houses) on the same night. At the Tropicana, he doubled his money and then lost $30; he took his remaining money and went to Ceasar's Palace. There he tripled the money with which he entered and lost $54. At that point, he took his remaining money and went to Aladdins. There he quadrupled the money with which he entered but then spent $72. He spent no more money, and when he returned to his room he had $48 left. How much money did he have before he went to the casinos?
Click here to see answer by josmiceli(2018) |
Question 168016: A sailor went to three casinos (gambling houses) on the same night. At the Tropicana, he doubled his money and then lost $30; he took his remaining money and went to Ceasar's Palace. There he tripled the money with which he entered and lost $54. At that point, he took his remaining money and went to Aladdins. There he quadrupled the money with which he entered but then spent $72. He spent no more money, and when he returned to his room he had $48 left. How much money did he have before he went to the casinos?: A sailor went to three casinos (gambling houses) on the same night. At the Tropicana, he doubled his money and then lost $30; he took his remaining money and went to Ceasar's Palace. There he tripled the money with which he entered and lost $54. At that point, he took his remaining money and went to Aladdins. There he quadrupled the money with which he entered but then spent $72. He spent no more money, and when he returned to his room he had $48 left. How much money did he have before he went to the casinos?
Click here to see answer by jojo14344(818) |
Question 167894: can someone please help me with this problem i can't figure it out.
Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.
R = $900, i=8% interest compounded semiannually for 8 years.: can someone please help me with this problem i can't figure it out.
Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.
R = $900, i=8% interest compounded semiannually for 8 years.
Click here to see answer by checkley77(3394) |
Question 167896: can someone help please:
Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.
$15,000 for 110 days; money earns 8%: can someone help please:
Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.
$15,000 for 110 days; money earns 8%
Click here to see answer by checkley77(3394) |
Question 167348: how many inches can a male alligator grow between five years and nine years, about how many pounds can it gain?: how many inches can a male alligator grow between five years and nine years, about how many pounds can it gain?
Click here to see answer by stanbon(18743) |
Question 166367: I have gone through the entire question, and I know that 'c' equals 2.55, but I cannot figure out how I would get to that number...this is the equation:
0.048/c = 0.018814
How do I isolate 'c' ?: I have gone through the entire question, and I know that 'c' equals 2.55, but I cannot figure out how I would get to that number...this is the equation:
0.048/c = 0.018814
How do I isolate 'c' ?
Click here to see answer by MRperkins(77) |
Question 166367: I have gone through the entire question, and I know that 'c' equals 2.55, but I cannot figure out how I would get to that number...this is the equation:
0.048/c = 0.018814
How do I isolate 'c' ?: I have gone through the entire question, and I know that 'c' equals 2.55, but I cannot figure out how I would get to that number...this is the equation:
0.048/c = 0.018814
How do I isolate 'c' ?
Click here to see answer by jim_thompson5910(9166) |
Question 166088This question is from textbook Heart of Mathmatics
: Write the number 6 as a sum of three natural numbers in several different ways, and , in each sum, circle a number that is less than or equal to 2.This question is from textbook Heart of Mathmatics
: Write the number 6 as a sum of three natural numbers in several different ways, and , in each sum, circle a number that is less than or equal to 2.
Click here to see answer by checkley77(3394) |
Question 166030This question is from textbook Algebra1
: Joe has $6500.00 to invest. Part of this will be invested in a savings account yielding 4% and part in a municipal bond yielding 7.5%. If he earns $438.50 each year in interest, how much will be invested in each account?This question is from textbook Algebra1
: Joe has $6500.00 to invest. Part of this will be invested in a savings account yielding 4% and part in a municipal bond yielding 7.5%. If he earns $438.50 each year in interest, how much will be invested in each account?
Click here to see answer by elima(1420) |
Question 165228: a coin bank contains only nickels and dimes. The total value of the coins in the bank is $4.75. IF the nickels were dimes and the dimes were nickels, the total value of the coins would be $3.50. Find the number of nickels in the bank???: a coin bank contains only nickels and dimes. The total value of the coins in the bank is $4.75. IF the nickels were dimes and the dimes were nickels, the total value of the coins would be $3.50. Find the number of nickels in the bank???
Click here to see answer by edjones(2391) |
Question 165151This question is from textbook
: investments: An investor has a total of 25,000 deposited into three diffrent accounts, which earn annual interest rate of 8%, 6%, and 4%. The amount deposited in the 8% account is twice the amount in the 6% account. If the three accounts earns total annual interest of $1520, how much money is deposited into each account?This question is from textbook
: investments: An investor has a total of 25,000 deposited into three diffrent accounts, which earn annual interest rate of 8%, 6%, and 4%. The amount deposited in the 8% account is twice the amount in the 6% account. If the three accounts earns total annual interest of $1520, how much money is deposited into each account?
Click here to see answer by padmameesala(34) |
Question 165151This question is from textbook
: investments: An investor has a total of 25,000 deposited into three diffrent accounts, which earn annual interest rate of 8%, 6%, and 4%. The amount deposited in the 8% account is twice the amount in the 6% account. If the three accounts earns total annual interest of $1520, how much money is deposited into each account?This question is from textbook
: investments: An investor has a total of 25,000 deposited into three diffrent accounts, which earn annual interest rate of 8%, 6%, and 4%. The amount deposited in the 8% account is twice the amount in the 6% account. If the three accounts earns total annual interest of $1520, how much money is deposited into each account?
Click here to see answer by josmiceli(2018) |
Question 164889This question is from textbook
: Art: the difference between the ages of an oil painting and a watercolor is 35 years. The age of the oil painting 5 years from now will be twice the age that the watercolor was 5 years ago. Find the present age of each.This question is from textbook
: Art: the difference between the ages of an oil painting and a watercolor is 35 years. The age of the oil painting 5 years from now will be twice the age that the watercolor was 5 years ago. Find the present age of each.
Click here to see answer by edjones(2391) |
Question 164889This question is from textbook
: Art: the difference between the ages of an oil painting and a watercolor is 35 years. The age of the oil painting 5 years from now will be twice the age that the watercolor was 5 years ago. Find the present age of each.This question is from textbook
: Art: the difference between the ages of an oil painting and a watercolor is 35 years. The age of the oil painting 5 years from now will be twice the age that the watercolor was 5 years ago. Find the present age of each.
Click here to see answer by Mathtut(333) |
Question 164614: Purchasing: a contractor buys 16yds of nylon carpet and 20 yds of wool carpet for $1840. A second purchase, at the same prices, includes 18 yds of nylon carpet and 25 ydss of wool carpet for $2200. Find the cost per yard of the wool carpet?
I need to know the steps in how to solve this??: Purchasing: a contractor buys 16yds of nylon carpet and 20 yds of wool carpet for $1840. A second purchase, at the same prices, includes 18 yds of nylon carpet and 25 ydss of wool carpet for $2200. Find the cost per yard of the wool carpet?
I need to know the steps in how to solve this??
Click here to see answer by ankor@dixie-net.com(4489) |
Question 164623This question is from textbook
: Business: On monday, a computer manufacturing company sent out three shipments. The first order; which contained a bill for $114,000, was for four model I, six model V, and 10 model X computers. The second shipment, which contained a bill for $72000, was for eight Model I, three model V, and five model X computers. The third shipment, which contained a bill for $81000, was for two model I, nine model V and five model X computers. What does the manufacturers charge for each model V computer.
What I need to know is what steps were taken to solve this?This question is from textbook
: Business: On monday, a computer manufacturing company sent out three shipments. The first order; which contained a bill for $114,000, was for four model I, six model V, and 10 model X computers. The second shipment, which contained a bill for $72000, was for eight Model I, three model V, and five model X computers. The third shipment, which contained a bill for $81000, was for two model I, nine model V and five model X computers. What does the manufacturers charge for each model V computer.
What I need to know is what steps were taken to solve this?
Click here to see answer by gonzo(434) |
Question 164510: I need to double check if I did this word problem right. The question reads: A pizza shop makes $1.50 on each small pizza and $2.15 on each large pizza. On a typical Friday, it sells between 70 and 90 small pizzas and 100 and 140 large pizzas. The shop can make no more than 210 pizzas in a day. How many of each size of pizza can be sold in order to maximize the profit?: I need to double check if I did this word problem right. The question reads: A pizza shop makes $1.50 on each small pizza and $2.15 on each large pizza. On a typical Friday, it sells between 70 and 90 small pizzas and 100 and 140 large pizzas. The shop can make no more than 210 pizzas in a day. How many of each size of pizza can be sold in order to maximize the profit?
Click here to see answer by Fombitz(1740) |
Question 164624This question is from textbook
: Ticket sales: A science museum charges $10 for a regular admission ticket, but members recieve a discount of $3 and students are admitted for $5. Last saturday, 750 tickets were sold for a total of $5400. If 20 more student tickets than regular tickets were sold, how many of each type of ticket were sold?
I need to know the steps in which they used to solve this?This question is from textbook
: Ticket sales: A science museum charges $10 for a regular admission ticket, but members recieve a discount of $3 and students are admitted for $5. Last saturday, 750 tickets were sold for a total of $5400. If 20 more student tickets than regular tickets were sold, how many of each type of ticket were sold?
I need to know the steps in which they used to solve this?
Click here to see answer by MRperkins(77) |
Question 164615: Manufacturing: a company manufactures both mountain bikes and trail bikes. The cost of materials for a mountain bike is $70, and the cost of materials for a trail bike is $50. The cost of labor to manufacture a mountain bike is $80, and the cost of labor to manufacture a trail bike is $40. During a week in which the company has budgeted $2500 for materials and $2600 for labor, how many mountain bikes does the company plan to manufacture?
What I need is what steps to take to solve this problem.: Manufacturing: a company manufactures both mountain bikes and trail bikes. The cost of materials for a mountain bike is $70, and the cost of materials for a trail bike is $50. The cost of labor to manufacture a mountain bike is $80, and the cost of labor to manufacture a trail bike is $40. During a week in which the company has budgeted $2500 for materials and $2600 for labor, how many mountain bikes does the company plan to manufacture?
What I need is what steps to take to solve this problem.
Click here to see answer by gonzo(434) |
Question 164618This question is from textbook
: A jet plane flying with the wind went 2200 miles in 4 hrs. Againt the wind, the plane could fly only 1820 miles in the same amount of time. Find the rate of the plane in calm air and the rate of the wind.
What steps do we use to solve this?This question is from textbook
: A jet plane flying with the wind went 2200 miles in 4 hrs. Againt the wind, the plane could fly only 1820 miles in the same amount of time. Find the rate of the plane in calm air and the rate of the wind.
What steps do we use to solve this?
Click here to see answer by Fombitz(1740) |
Question 164616: Chemistry: a chemist has two alloys, one of which is 10% gold and 15% lead, and the other of which is %30 gold and 40% lead. How many grams of each of the two alloys should be used to make an alloy that contains 60g of gold and 88g of lead?
What are the steps to solve this problem?: Chemistry: a chemist has two alloys, one of which is 10% gold and 15% lead, and the other of which is %30 gold and 40% lead. How many grams of each of the two alloys should be used to make an alloy that contains 60g of gold and 88g of lead?
What are the steps to solve this problem?
Click here to see answer by gonzo(434) |
Question 164583This question is from textbook
: can someone please help me with this problem:
The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring, versus 2 man-hours to make one SST ring.
How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $60 and on an SST ring is $20?
a. 24 VIP and 4 SST
b. 20 VIP and 0 SST
c. 20 VIP and 4 SST
d. 24 VIP and 0 SSTThis question is from textbook
: can someone please help me with this problem:
The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring, versus 2 man-hours to make one SST ring.
How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $60 and on an SST ring is $20?
a. 24 VIP and 4 SST
b. 20 VIP and 0 SST
c. 20 VIP and 4 SST
d. 24 VIP and 0 SST
Click here to see answer by stanbon(18743) |
Question 164321: The sales of Jetta sneakers rose from $3 billion to $3.5 billion. Find the percent increase to the nearest whole percent.
(a)1.4% (b)1.7% (c)14% (d)17%
How do you multiply billions to get the right answer?: The sales of Jetta sneakers rose from $3 billion to $3.5 billion. Find the percent increase to the nearest whole percent.
(a)1.4% (b)1.7% (c)14% (d)17%
How do you multiply billions to get the right answer?
Click here to see answer by Fombitz(1740) |
Question 164222: find the effective interest rate if the norminal interest rate is 10% compounded continousely for 2year: find the effective interest rate if the norminal interest rate is 10% compounded continousely for 2year
Click here to see answer by aka042(26) |
Question 164145: I can't figure this question out! I think the formula is A= p (r +1) t, but I don't really know how to do it!
You've invested $5,000 in an account that earns .5% compounded per onth. The formula for compound interest gives us the equation a= 5,000(1.005)^n, where n is the number of compound periods and a is the amount of money in the account after n periods. Assuming there were no deposits or withdrawals, approximately how much money will be in the account after 10 years?
So far I have... a= 5,000(1.005)^120 (120 being the # of months in 10 years)
Is there an easier way to figure this out rather than try to multiply the number by itself 120 times?!
Help!!: I can't figure this question out! I think the formula is A= p (r +1) t, but I don't really know how to do it!
You've invested $5,000 in an account that earns .5% compounded per onth. The formula for compound interest gives us the equation a= 5,000(1.005)^n, where n is the number of compound periods and a is the amount of money in the account after n periods. Assuming there were no deposits or withdrawals, approximately how much money will be in the account after 10 years?
So far I have... a= 5,000(1.005)^120 (120 being the # of months in 10 years)
Is there an easier way to figure this out rather than try to multiply the number by itself 120 times?!
Help!!
Click here to see answer by checkley77(3394) |
Question 164094: Please help me solve this problem. New cars depreciate an average of 28% in thier first year. What will a $9000 car be worth after 1 year?: Please help me solve this problem. New cars depreciate an average of 28% in thier first year. What will a $9000 car be worth after 1 year?
Click here to see answer by checkley77(3394) |
Question 164021: Please help me solve me with this problem. A school had 900 students at the start of a school year. If there is an enrollment increase of 7% by the beginning of the next year, what is the new enrollment? : Please help me solve me with this problem. A school had 900 students at the start of a school year. If there is an enrollment increase of 7% by the beginning of the next year, what is the new enrollment?
Click here to see answer by stanbon(18743) |
Question 163994: Te ll which re al number correspond to the sentence. During a quiz show a person looses 2100 points. What is the corresponding number to this sentence.: Te ll which re al number correspond to the sentence. During a quiz show a person looses 2100 points. What is the corresponding number to this sentence.
Click here to see answer by stanbon(18743) |
Question 163855This question is from textbook
: #63)
The cross creek investment club has $20,000 to invest. The members of the club decided to invest $16,000 of thier money in 2 bond funds. The first, a mutual bond fund, earns annual simple interest of 4.5%. the second account, a corporate bond fund, earns 8% annual simple interest. If the members $1070 from these two accounts, how much was invested in the mutual bond fund?
The answer is : there is 6000 invested in the mutual bond fund. What I need to know is what steps they used to solve it?
#61)An account executive divided 42,000 between two simple interst accounts. on the tax-free account the annual simple interest rate is 3.5%, and on the money market fund the annual simple interst rate is 4.5%. How much should be invested in each account so that both accounts earn the same annual interest.
The answer is: the amount invested at 3.5% IS $23,625, the amount invested at 4.5% is $18,375. What I need to know is the steps to solve the problem.This question is from textbook
: #63)
The cross creek investment club has $20,000 to invest. The members of the club decided to invest $16,000 of thier money in 2 bond funds. The first, a mutual bond fund, earns annual simple interest of 4.5%. the second account, a corporate bond fund, earns 8% annual simple interest. If the members $1070 from these two accounts, how much was invested in the mutual bond fund?
The answer is : there is 6000 invested in the mutual bond fund. What I need to know is what steps they used to solve it?
#61)An account executive divided 42,000 between two simple interst accounts. on the tax-free account the annual simple interest rate is 3.5%, and on the money market fund the annual simple interst rate is 4.5%. How much should be invested in each account so that both accounts earn the same annual interest.
The answer is: the amount invested at 3.5% IS $23,625, the amount invested at 4.5% is $18,375. What I need to know is the steps to solve the problem.
Click here to see answer by elima(1420) |
Question 163971: Please help me with this problem. Find the percent of change in price if the old selling price was $20 and the new selling price is $15.: Please help me with this problem. Find the percent of change in price if the old selling price was $20 and the new selling price is $15.
Click here to see answer by nerdybill(1040) |
Question 163171This question is from textbook 
: Melanie Morgan invested $5000 for one year, part at 9% annual interest and the rest at 12% annual interest. The interest from the investment at 9% was $198 more than the interest from the investment at 12%. How much money did she invest at 9%?This question is from textbook
: Melanie Morgan invested $5000 for one year, part at 9% annual interest and the rest at 12% annual interest. The interest from the investment at 9% was $198 more than the interest from the investment at 12%. How much money did she invest at 9%?
Click here to see answer by orca(336) |
Question 163630: bob invested $33,600, part at 5% interest and the remainder at 8% interest. If he earned twice as much from his 5% investment as his 8% investment, how much did he invest at each rate?: bob invested $33,600, part at 5% interest and the remainder at 8% interest. If he earned twice as much from his 5% investment as his 8% investment, how much did he invest at each rate?
Click here to see answer by checkley77(3394) |
Question 163244: Three people put their money together to buy lottery tickets. The first person put in $20, the second person put in $25 and the third person put in $30. One of their tickets was a winning ticket. If they won $15 million, what was the first person's share of the jackpot?: Three people put their money together to buy lottery tickets. The first person put in $20, the second person put in $25 and the third person put in $30. One of their tickets was a winning ticket. If they won $15 million, what was the first person's share of the jackpot?
Click here to see answer by Fombitz(1740) |
Question 163244: Three people put their money together to buy lottery tickets. The first person put in $20, the second person put in $25 and the third person put in $30. One of their tickets was a winning ticket. If they won $15 million, what was the first person's share of the jackpot?: Three people put their money together to buy lottery tickets. The first person put in $20, the second person put in $25 and the third person put in $30. One of their tickets was a winning ticket. If they won $15 million, what was the first person's share of the jackpot?
Click here to see answer by checkley77(3394) |
Question 162950: Please help me with this problem. I am not sure what formula to use!
A particular car is purchased for $28,400. A year later the car is worth only $26,000. If the value of the car depreciates at the same rate, determine the value of the car when it's nine years old.
Thank you!: Please help me with this problem. I am not sure what formula to use!
A particular car is purchased for $28,400. A year later the car is worth only $26,000. If the value of the car depreciates at the same rate, determine the value of the car when it's nine years old.
Thank you!
Click here to see answer by jojo14344(818) |
Question 162445: Find the directrix, the focus and the roots of the parabola
y=x^2 - 5x + 4
Please help!!!! I'm so confused. If you could help with this one problem I think I could get the others like it.
Thanks!!: Find the directrix, the focus and the roots of the parabola
y=x^2 - 5x + 4
Please help!!!! I'm so confused. If you could help with this one problem I think I could get the others like it.
Thanks!!
Click here to see answer by KnightOwlTutor(215) |
Question 162310: CAN SOMEONE PLEASE HELP ME WITH THIS PROBLEM:
Suppose the amount of a radioactive element remaining in a sample of 100 milligrams after x years can be described by A(x) = 100e^-0.01657x. How much is remaining after 257 years? Round to the nearest hundredth of a milligram.
a. 0.01 milli
b. 1.42 milli
c. 425.85 milli
d. 7070.31 milli: CAN SOMEONE PLEASE HELP ME WITH THIS PROBLEM:
Suppose the amount of a radioactive element remaining in a sample of 100 milligrams after x years can be described by A(x) = 100e^-0.01657x. How much is remaining after 257 years? Round to the nearest hundredth of a milligram.
a. 0.01 milli
b. 1.42 milli
c. 425.85 milli
d. 7070.31 milli
Click here to see answer by gonzo(434) |
Question 162310: CAN SOMEONE PLEASE HELP ME WITH THIS PROBLEM:
Suppose the amount of a radioactive element remaining in a sample of 100 milligrams after x years can be described by A(x) = 100e^-0.01657x. How much is remaining after 257 years? Round to the nearest hundredth of a milligram.
a. 0.01 milli
b. 1.42 milli
c. 425.85 milli
d. 7070.31 milli: CAN SOMEONE PLEASE HELP ME WITH THIS PROBLEM:
Suppose the amount of a radioactive element remaining in a sample of 100 milligrams after x years can be described by A(x) = 100e^-0.01657x. How much is remaining after 257 years? Round to the nearest hundredth of a milligram.
a. 0.01 milli
b. 1.42 milli
c. 425.85 milli
d. 7070.31 milli
Click here to see answer by ankor@dixie-net.com(4489) |
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