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Tutors Answer Your Questions about Money Word Problems (FREE)
Question 240845: A total of 14000 dollars is invested in two simple interest baring accounts. One acccount has an interest rate of 8% and the other a rte of 5.5%. The amount of interest earned for 1 year was 982.50. How much was invested in each account?
Click here to see answer by checkley77(7032)  |
Question 240600: ms. Jones invested 18,000 in two accounts. One account pays 6 % simple interest and the other pays 8%. Her total interest for the year was $1,290. How much did she have in each account
can anyone help me find the answer with a full break down
Click here to see answer by stanbon(26249)  |
Question 239280: Little Johnny invested $10,000. He put part of it in a bank at 5 percent interest. He put the remainder in bonds which pay a 9 percent annual return. How much did he invest in each method (savings bank and bond) if his annual income from the two investments was $660?
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Question 239116: A bank charges its customers a general fee of $6 per month plus an additional fee of 10 cents per check written from a checking account. Over the past nine months, a customer was charged $62 in service fees. How many checks did the customer write during that period?
Click here to see answer by checkley77(7032)  |
Question 239006: SEED MIXTURE: a nursery has one kind of grass seed selling at 75 cents per pound and another kind of grass seed selling at $1.10 per pound. How many pounds of each kind should be mixed to produce 50 pounds of a mixture of seed that will sell for 90 cents a pound. I cannot figure out how to work this problem your help would be much appreciated.
Click here to see answer by scott8148(3382)  |
Question 238992: a bank offers two checking plans. The anywhere plan charges 30 cents per check. Th Accucheck plan costs $1.12 a month, plus 22 cents per check. For what number of checks will the Accucheck plan costs less than the Anywhere plan?
Click here to see answer by nerdybill(2446)  |
Question 238851: A vending machine accepts nickles, dimes and quarters. When the coins are emptied, the total value of the coins is found to be $24.15. Find the number of coins of each kind in the box, if there are twice as many nickles as quarters and 5 more dimes than nickels.
when solved can u show me the formula and the exact steps you took to solve it.. THANKS.
Click here to see answer by ankor@dixie-net.com(6685)  |
Question 238414: A candy storesells boxes of candy containing caramels and
crèmes. Each box sells for $12.50 & holds 30
pieces of candy (all pieces are same size). If
caramels cost $0.25 to produce & crèmes cost
$0.45 to produce, how many of each should be
in a box to make a profit of $3?
Click here to see answer by checkley77(7032)  |
Question 238405: A pharmacist mixed some 10%-saline solution with with some 15%-saline solution to obtain 100ml of a 12%-saline solution. How ,uch of the 10%-saline did the pharmacist use in the mixture? .10x+.15y=.12 x+y=100
Click here to see answer by Fombitz(2113)  |
Question 238259: if jake had 5,000 to invest and he put part of it an a cd paying 5% interest and the rest in a bond paying 8% interest. After 1 year, he earned $140 more from the bond than from the cd. how much did he put in each investment
Click here to see answer by checkley77(7032)  |
Question 238081: I can't do two questions.
First is "Finance. Find the tripling time (To the next whole year) for money invested at 15% compounded annually."
Second is "Finance. Find the doubling time (to two decimal places) for money invested at 10% compounded continuously."
I very need help with this problem.
Thank alot.
Click here to see answer by Theo(667)  |
Question 237755: A PERSON WINS A $60 MILLLION LOTTERY, THEY RECEIVE $1 MILLION FOR THE NEXT 50 YEARS PLUS AN ADDITIONAL LUMP SUM PAYMENT OF $10 MILLION AFTER 50 YEARS. THE DISCOUNT RATE IS 10%. WHAT IS THE CURRENT VALUE OF THE WINNINGS?
Click here to see answer by Theo(667)  |
Question 237159: an investment advisor invested 12000 into two accounts. one investment earned 7 % annual simple interest and the other investment earned 6.5% annual simple interest. the amount of interest for 1 year was 820. How much was invested at 6.5 %
Click here to see answer by checkley77(7032)  |
Question 237157: an invested 12000 i two accounts. one investment earned 7 % annual simple interest and the other investment earned 6.5% annual simple interest. the amount of interest for 1 year was 820. How much was invested at 6.5 %
Click here to see answer by rfer(2683)  |
Question 237142: a doughnut shop has a fixed cost of $124 per day and a variable cost of $.12 per doughnut. Find the daily cost of producing x doughnuts? how many dougnuts can be produced for a total daily cost of $250?
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Question 236157: Layoffs looming. American Products plans to layoff 10% of its employees in its aerospace division and 15% of its employees in its agricultural division. If altogether 12% of the 3000 employees in these two divisions will be laid off, then how many employees are in each division?
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Question 236060: You are selling cookies in school souvenir mugs to raise money for your school. You are taking orders so that you know how many mugs you will need to buy. There will be 6 cookies in a mug that will sell for $3.95 per order. You spent $50 on the ingredients to make the cookies plus you will need to pay $1.45 per mug. At least how many orders do you have to take so that you make more than what you spend?
Click here to see answer by stanbon(26249)  |
Question 235395: Mary, Megan, and Molly sold magazine subscriptions to raise money for playground equipment/ Megan sold 9 more subscriptions than Mary. Molly sold 3 less than twice as many subscribtions as mary. If together they sold a total of 66 magazine subscriptions, how many subscriptions did each girl sell?
Click here to see answer by ankor@dixie-net.com(6685)  |
Question 235053: This problem is stumping me. I have tried to figure out how they come up with the answer with no luck. Any help is greatly appreciated.
Find the amount that results from the given investment.
$10 invested at 10% compounded continously after a period of 2 years. Round to the nearest cent.
Click here to see answer by Theo(667)  |
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Older solutions: 1..45, 46..90, 91..135, 136..180, 181..225, 226..270, 271..315, 316..360, 361..405, 406..450, 451..495, 496..540, 541..585, 586..630, 631..675, 676..720, 721..765, 766..810, 811..855, 856..900, 901..945, 946..990, 991..1035, 1036..1080, 1081..1125, 1126..1170, 1171..1215, 1216..1260, 1261..1305, 1306..1350, 1351..1395, 1396..1440, 1441..1485, 1486..1530, 1531..1575, 1576..1620, 1621..1665, 1666..1710, 1711..1755, 1756..1800, 1801..1845, 1846..1890, 1891..1935, 1936..1980, 1981..2025, 2026..2070, 2071..2115, 2116..2160, 2161..2205, 2206..2250, 2251..2295, 2296..2340, 2341..2385, 2386..2430, 2431..2475, 2476..2520, 2521..2565, 2566..2610
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