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Tutors Answer Your Questions about Money Word Problems (FREE)
Question 154978This question is from textbook
: A plumber and his assistant work together to replace the pipes in an old house. The plumber charges $45 an hour for his own labor and $25 an hour for his assistant's labor. The plumber works twice as long as his assistant labor on this job, and the labor charge on the final bill is $4025. How long did the plumber and his assistant work on this job?This question is from textbook
: A plumber and his assistant work together to replace the pipes in an old house. The plumber charges $45 an hour for his own labor and $25 an hour for his assistant's labor. The plumber works twice as long as his assistant labor on this job, and the labor charge on the final bill is $4025. How long did the plumber and his assistant work on this job?
Click here to see answer by edjones(2169) |
Question 154536: How long would it take for $100 to become $1000 if it is invested at an 8% annual interest rate that is compounded quarterly?: How long would it take for $100 to become $1000 if it is invested at an 8% annual interest rate that is compounded quarterly?
Click here to see answer by AnlytcPhil(958) |
Question 154197: rajan purchased a purse at 25%discount on its marked price but sold it at the marked price. find the gain percent of rajan on this transaction.: rajan purchased a purse at 25%discount on its marked price but sold it at the marked price. find the gain percent of rajan on this transaction.
Click here to see answer by jojo14344(369) |
Question 153783: the sum of the page numbers on consecutive pages of a book is 267. what are the page numbers?: the sum of the page numbers on consecutive pages of a book is 267. what are the page numbers?
Click here to see answer by checkley77(1718) |
Question 153768: the diffrence between six times a number and 9 is equal to five times the sum of the number and 2. find the number: the diffrence between six times a number and 9 is equal to five times the sum of the number and 2. find the number
Click here to see answer by orca(257) |
Question 153784: the numbers on karl's three raffle tickets are consecutive integers. the sum of the numbers is 138. what are the numbers?
please and thank you: the numbers on karl's three raffle tickets are consecutive integers. the sum of the numbers is 138. what are the numbers?
please and thank you
Click here to see answer by orca(257) |
Question 153873: Cody ordered game tickets that cost $7.50 for children and $12.00 for adults. She ordered 8 more children's tickets than adults tickets. Her total bill was $138. How many of each type of ticker did she order?
: Cody ordered game tickets that cost $7.50 for children and $12.00 for adults. She ordered 8 more children's tickets than adults tickets. Her total bill was $138. How many of each type of ticker did she order?
Click here to see answer by galileo(7) |
Question 153650: Please help me solve: Susan Marciano invested part of her $18,000 bonus in a fund that paid an 8% profit and invested the rest in stock that suffered a 3% loss. Find the amount of each investment if her overall net profit was $780.
They want to know: The amount invested at 8% is:
and the amount invested in stock is:: Please help me solve: Susan Marciano invested part of her $18,000 bonus in a fund that paid an 8% profit and invested the rest in stock that suffered a 3% loss. Find the amount of each investment if her overall net profit was $780.
They want to know: The amount invested at 8% is:
and the amount invested in stock is:
Click here to see answer by orca(257) |
Question 153554: Brittany earns $75 in a week doing yard work. If she spends $19.20 on CDs, what percentage of her earnings did she spend on CDs?: Brittany earns $75 in a week doing yard work. If she spends $19.20 on CDs, what percentage of her earnings did she spend on CDs?
Click here to see answer by Alan3354(565) |
Question 153555: Find the original price of a computer if a 2% discount on its original price results in a savings of $85.: Find the original price of a computer if a 2% discount on its original price results in a savings of $85.
Click here to see answer by Alan3354(565) |
Question 153380: using eight coins, how can you make change for 65 cents that will not make change for a quarter?: using eight coins, how can you make change for 65 cents that will not make change for a quarter?
Click here to see answer by Edwin McCravy(1811) |
Question 153387This question is from textbook pre-algebra
: Using eight coins, how can you make change for 65 cents that will not make change for a quarter?This question is from textbook pre-algebra
: Using eight coins, how can you make change for 65 cents that will not make change for a quarter?
Click here to see answer by Edwin McCravy(1811) |
Question 153438: A jar contains 40 Coins consisting of dimes and quarters and having a total value of $4.90. How many of each coin are there?: A jar contains 40 Coins consisting of dimes and quarters and having a total value of $4.90. How many of each coin are there?
Click here to see answer by jojo14344(369) |
Question 153156: I am wretched at money! Help, please!!
In order to purchase a home, a family borrows $318,000 at 7.8% for 20 years. What is their monthly payment? What is their monthly payment if they secure the loan for 15 years, rather than 20 years? How much money would they save in interest charges if they paid the loan off in 15 years, rather than 20?: I am wretched at money! Help, please!!
In order to purchase a home, a family borrows $318,000 at 7.8% for 20 years. What is their monthly payment? What is their monthly payment if they secure the loan for 15 years, rather than 20 years? How much money would they save in interest charges if they paid the loan off in 15 years, rather than 20?
Click here to see answer by ankor@dixie-net.com(3943) |
Question 152971This question is from textbook college algebra
: I am just not understanding the steps within the problems, how to set it up and go through with it. Thank you! This question is from textbook college algebra
: I am just not understanding the steps within the problems, how to set it up and go through with it. Thank you!
Click here to see answer by Alan3354(565) |
Question 153154: Mark and Kate are establishing a fund for their son's college education. What lump sum must they deposit in an account that gives 8% annual interest rate, compounded monthly, in order for them to have $60,000 in the account at the end of 10 years?
Can anyone help me out? Please and thank you!: Mark and Kate are establishing a fund for their son's college education. What lump sum must they deposit in an account that gives 8% annual interest rate, compounded monthly, in order for them to have $60,000 in the account at the end of 10 years?
Can anyone help me out? Please and thank you!
Click here to see answer by orca(257) |
Question 153130: The Post Office of the Principality of the Urals (POPU) charges 23 cents per ounce plus a flat rate of 6 cents for packages mailed within the country. The privately run Package Express company (PEPU) has a delivery charge of $5.50 per package plus $1.75 for each pound. For what size packages would using PEPU instead of POPU be more economical if only the charges are considered?: The Post Office of the Principality of the Urals (POPU) charges 23 cents per ounce plus a flat rate of 6 cents for packages mailed within the country. The privately run Package Express company (PEPU) has a delivery charge of $5.50 per package plus $1.75 for each pound. For what size packages would using PEPU instead of POPU be more economical if only the charges are considered?
Click here to see answer by stanbon(18015) |
Question 152978: can anyone help me with this, please? I am terrible at word problems.
"Ted owes $14,000 to Mary. The loan is payable in 1 year at 10%. Mary needs cast so 4 months before the loan is payable, she goes to the bank which will pay her the matuiry value of the loan less a 14% discount fee. Find the amount Mary will receive.": can anyone help me with this, please? I am terrible at word problems.
"Ted owes $14,000 to Mary. The loan is payable in 1 year at 10%. Mary needs cast so 4 months before the loan is payable, she goes to the bank which will pay her the matuiry value of the loan less a 14% discount fee. Find the amount Mary will receive."
Click here to see answer by Earlsdon(3499) |
Question 152830: D -92: Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+ r/2)2 (the r and 2 is in fraction from and the 2 outside the parentheses is a degree) represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if P=$200 and r= 10%.
I was unable to locate ISBN: D -92: Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+ r/2)2 (the r and 2 is in fraction from and the 2 outside the parentheses is a degree) represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if P=$200 and r= 10%.
I was unable to locate ISBN
Click here to see answer by mducky2(55) |
Question 152790This question is from textbook
: Mario has 55 CDs. Write an expression to represent the total number of CDs he will have after 18 months if he buys x CDs per month.This question is from textbook
: Mario has 55 CDs. Write an expression to represent the total number of CDs he will have after 18 months if he buys x CDs per month.
Click here to see answer by oscargut(487)  |
Question 152528This question is from textbook
: Please help not really understanding this problem: The formula for calculating the amount of money returned for an initial deposit into a bank account or CD is given by A=P(1+r/n)^nt
A is the amount of the return.
P is the principal amount initially deposited.
r is the annual interest rate (expressed as a decimal).
n is the number of compound periods in one year.
t is the number of years.
Carry all calculations to six decimals on each intermediate step, then round the final answer to the nearest cent.
Suppose you deposit $3000 for 9 years at a rate of 6%
a)Calculate the return(A) if the bank compounds annually (n=1). Round your answer to the hundredth's place.
b)Calculate the return (A) if the bank compounds quarterly (n=4). Round your answer to the hundredth's place.
c) Does compounding annually or quarterly yield more interest? Why?
d)If a bank compounds continuously, then the formula userdf is A=Pe^rt where e is a constant and equals approximately 2.7183. Calculate A with continuous compounding. Round your answer to the hundredth's place.
e) How long will it take to double my money? At 6% interest rate and continuous compounding , what is the answer? Round your answer to the hundredth's place.
Thank you so much for your help in advance.This question is from textbook
: Please help not really understanding this problem: The formula for calculating the amount of money returned for an initial deposit into a bank account or CD is given by A=P(1+r/n)^nt
A is the amount of the return.
P is the principal amount initially deposited.
r is the annual interest rate (expressed as a decimal).
n is the number of compound periods in one year.
t is the number of years.
Carry all calculations to six decimals on each intermediate step, then round the final answer to the nearest cent.
Suppose you deposit $3000 for 9 years at a rate of 6%
a)Calculate the return(A) if the bank compounds annually (n=1). Round your answer to the hundredth's place.
b)Calculate the return (A) if the bank compounds quarterly (n=4). Round your answer to the hundredth's place.
c) Does compounding annually or quarterly yield more interest? Why?
d)If a bank compounds continuously, then the formula userdf is A=Pe^rt where e is a constant and equals approximately 2.7183. Calculate A with continuous compounding. Round your answer to the hundredth's place.
e) How long will it take to double my money? At 6% interest rate and continuous compounding , what is the answer? Round your answer to the hundredth's place.
Thank you so much for your help in advance.
Click here to see answer by mducky2(55) |
Question 152462: James paid $195 for a DVD player that was on sale for 25% off. What was the original price?: James paid $195 for a DVD player that was on sale for 25% off. What was the original price?
Click here to see answer by checkley77(1718) |
Question 152306: a dealer purchased tee shirts at $2.40 each and sold them for $4.25 each. his overhead was $0.60 per shirt. how much money did he make on each shirt?
: a dealer purchased tee shirts at $2.40 each and sold them for $4.25 each. his overhead was $0.60 per shirt. how much money did he make on each shirt?
Click here to see answer by orca(257) |
Question 152258: The sales price of a car is $12590, which is 20% off the original price. What is the original price?: The sales price of a car is $12590, which is 20% off the original price. What is the original price?
Click here to see answer by mducky2(55) |
Question 152258: The sales price of a car is $12590, which is 20% off the original price. What is the original price?: The sales price of a car is $12590, which is 20% off the original price. What is the original price?
Click here to see answer by baruto123(1) |
Question 152163: If 300 jellybeans cost you X dollars. How many jellybeans can you purchase for 50 cents at the same rate?: If 300 jellybeans cost you X dollars. How many jellybeans can you purchase for 50 cents at the same rate?
Click here to see answer by nerdybill(459) |
Question 151705: A woman buys 3 pairs of jeans for $99.84, including tax. If each pair of jeans cost $32, what was the sales tax?: A woman buys 3 pairs of jeans for $99.84, including tax. If each pair of jeans cost $32, what was the sales tax?
Click here to see answer by jojo14344(369) |
Question 151706: Sandy has $3.75 in change. She has 3 more quarters than dimes but twice as many nickles as quarters. Express the given information as an algebraic expression and simplify. You are not required to solve the problem.: Sandy has $3.75 in change. She has 3 more quarters than dimes but twice as many nickles as quarters. Express the given information as an algebraic expression and simplify. You are not required to solve the problem.
Click here to see answer by jojo14344(369) |
Question 151698: Jenny wants to utilize a portion of her garden for growing flowers. Being a designer herself, she visualizes a triangular area with different lenghts for each side. For this Jenny decides to keep a side of the triangular area 6 feet shorter and the other 5 feet longer than the third side. She also wants to restrict the perimeter of the triangular area to 29 feet, so that it does not cover a huge area of the garden. Determine the lenght of each side of the triangular area that Jenny has visualized.: Jenny wants to utilize a portion of her garden for growing flowers. Being a designer herself, she visualizes a triangular area with different lenghts for each side. For this Jenny decides to keep a side of the triangular area 6 feet shorter and the other 5 feet longer than the third side. She also wants to restrict the perimeter of the triangular area to 29 feet, so that it does not cover a huge area of the garden. Determine the lenght of each side of the triangular area that Jenny has visualized.
Click here to see answer by jojo14344(369) |
Question 151547: An author earns $1.15 for every book sold. How many books must be sold if the author wants to earn at least $46,000.
x.1.15=46,000= 4000 How do I put this in an equation Thanks for your help
: An author earns $1.15 for every book sold. How many books must be sold if the author wants to earn at least $46,000.
x.1.15=46,000= 4000 How do I put this in an equation Thanks for your help
Click here to see answer by Earlsdon(3499) |
Question 151434: Find the interest earned at the end of the first year on 6,800. invested at 4% I started with I=0.4x1/12=6800 then is it0.4 /12=6800/12 I am stuck: Find the interest earned at the end of the first year on 6,800. invested at 4% I started with I=0.4x1/12=6800 then is it0.4 /12=6800/12 I am stuck
Click here to see answer by checkley77(1718) |
Question 151274: a) Kareena invested an amount of money at an interest rate of 4.5% per year. After one year, she received 117 dollars interest. Work out the amount of money kareena invested.
b) Ravi invested an amount of money at an interest rate of 4% per year. At the end of one year, interest was added to his account and the total amount in his account was 3328 dollars. Work out the amount of money Ravi invested.: a) Kareena invested an amount of money at an interest rate of 4.5% per year. After one year, she received 117 dollars interest. Work out the amount of money kareena invested.
b) Ravi invested an amount of money at an interest rate of 4% per year. At the end of one year, interest was added to his account and the total amount in his account was 3328 dollars. Work out the amount of money Ravi invested.
Click here to see answer by vleith(964) |
Question 151268: I am completely stuck; please help me. Thank you!
Mike invested $6000 for one year. He invested part of it at 9% and the rest at 11%. At the end of the year he earned $624 in interest. How much did he invest at each rate?
: I am completely stuck; please help me. Thank you!
Mike invested $6000 for one year. He invested part of it at 9% and the rest at 11%. At the end of the year he earned $624 in interest. How much did he invest at each rate?
Click here to see answer by mducky2(55) |
Question 151211This question is from textbook 
: 102. Diversification. Helen has 1/5 of her portfolio in U.S. stocks, 1/8 of her portfolio in European stocks, and 1/10 of her portfolio in Japanese stocks. The remainder is invested in municipal bonds. What fraction of her portfolio is invested in municipal bonds? What percent is invested in municipal bonds? (Be sure to write the fraction in correct form.)
M = municipal bond fraction
m = % municipal bonds
This question is from textbook 
: 102. Diversification. Helen has 1/5 of her portfolio in U.S. stocks, 1/8 of her portfolio in European stocks, and 1/10 of her portfolio in Japanese stocks. The remainder is invested in municipal bonds. What fraction of her portfolio is invested in municipal bonds? What percent is invested in municipal bonds? (Be sure to write the fraction in correct form.)
M = municipal bond fraction
m = % municipal bonds
Click here to see answer by checkley77(1718) |
Question 151126: Bill is paid hourly. If he works 8 hours he will receive $50. Write an equation for his salary based on the number of hours he works. Please explain how to do this!: Bill is paid hourly. If he works 8 hours he will receive $50. Write an equation for his salary based on the number of hours he works. Please explain how to do this!
Click here to see answer by scott8148(2483) |
Question 151127: Bill is paid hourly. If he works 8 hours he will receive $50. Write an equation for his salary based on the number of hours he works. Please explain how to do this!: Bill is paid hourly. If he works 8 hours he will receive $50. Write an equation for his salary based on the number of hours he works. Please explain how to do this!
Click here to see answer by scott8148(2483) |
Question 151125: A high school class wants to raise money by recycling newspapers. The class decided to rent a trcuk at a cost of $150 for the week. The market price for recycled newspapers is $15 per ton. Write an equation representing the amount of money the class will make based on the number of tons of newspapers collected. Please explain how to do this problem!: A high school class wants to raise money by recycling newspapers. The class decided to rent a trcuk at a cost of $150 for the week. The market price for recycled newspapers is $15 per ton. Write an equation representing the amount of money the class will make based on the number of tons of newspapers collected. Please explain how to do this problem!
Click here to see answer by stanbon(18015) |
Question 151102: Dawn spent $13 on pens and notebooks. The pens cost $2 each and the notebooks cost $3 each. How many of each did she buy?: Dawn spent $13 on pens and notebooks. The pens cost $2 each and the notebooks cost $3 each. How many of each did she buy?
Click here to see answer by stanbon(18015) |
Question 150879: Find the present value of a $2,500 annual annunity at 7% for 10 years.: Find the present value of a $2,500 annual annunity at 7% for 10 years.
Click here to see answer by vleith(964) |
Question 150870: Wesley invested $6500 in a mutual fun at a yearly rate of 3 3/4%. If he has earned $975 in interest, how long has the money been invested?
A. 2.5 years B. 3 years C. 4 years D. 4.5 years: Wesley invested $6500 in a mutual fun at a yearly rate of 3 3/4%. If he has earned $975 in interest, how long has the money been invested?
A. 2.5 years B. 3 years C. 4 years D. 4.5 years
Click here to see answer by mangopeeler07(428) |
Question 150849: Find the amount due on a loan of $14,000 at 12%interest compounded annually for 5 years.: Find the amount due on a loan of $14,000 at 12%interest compounded annually for 5 years.
Click here to see answer by vleith(964) |
Question 150742: I need help with this problem: Find the interest rate on a loan charging $5,344.80 in simple interest on a principal of 5,100 after 8 years.: I need help with this problem: Find the interest rate on a loan charging $5,344.80 in simple interest on a principal of 5,100 after 8 years.
Click here to see answer by elima(1326) |
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