Questions on Word Problems: Money, Business and Interest answered by real tutors!

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Word Problems: Money, Business and Interest

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Question 103465: Help Please!
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what amount of interest would be earned by an investment of $2500?
Thank you!
Click here to see answer by checkley75(3666)

Question 103365: There are 850 Douglas fir and ponderosa pine trees in a section of the forest bought by Sawz Logging Co. The company paid an average of $300 for each Douglas fir and $225 for each ponderosa pine. If the company paid $217,500 for the trees, how many of each kind did the company buy?
Click here to see answer by ankor@dixie-net.com(6685)

Question 103294: Amber and jenny finish counting their money. Amber says if jenny gives her four dollars they will have the same amount. Jenny says if amber gives her four dollars she will have twice what amber has. how much do they have?

Click here to see answer by ankor@dixie-net.com(6685)

Question 103649: A collection of dimes and quarters amounts to $1.80. There are 12 coins in all. How many of each coin are there?
Click here to see answer by doukungfoo(195)

Question 103747: Dr. Salter wants to invest $50,000 to earn $4400 per year. He can invest in b-rated bonds paying 12% and CD's paying 4% per year. How much should be invested in each to realize exactly $4400 in intrest per year?
Click here to see answer by Earlsdon(4898)

Question 103753: A stockbroker trades stock for 100 days. On day one he loses 100$.Everyday after that he loses 100$ more than on the previous day. What is his average daily loss during his 100 day period? I would like to just have the formula so that I can solve it. I'm just starting alg. again in school after 27 yrs. Just need a few hints. Thanks!!!
Click here to see answer by scott8148(3382)

Question 103758: The surface area of a sphere varies directly with the square of its radius. If the surface area of a sphere with a radius of 12 inches if 576 square inches, find the surface area of a sphere with a radius of 3 inches
Click here to see answer by scott8148(3382)

Question 103756: find fixed interest rate, if a principal of $5,000 invested for 4 years earns $900, how much interest will $6,000 invested for 3 years earn at the same interest rate?

Click here to see answer by elima(1433)

Question 103879: Could someone please help me with this word problem??? Ed and Dave are going to divide a cash prize of $14,000 in a ratio of 2 to 5. How much will Dave receive?
Click here to see answer by checkley75(3666)

Question 103995: Could someone please help me with this tricky word problem???
The demand and supply equations for a certain item are given by

Find the equilibrium price.
Click here to see answer by jim_thompson5910(13785)

Question 104200: Six pears and three apples cost $3.90. Two pears and five apples cost $3.30. How much does one pear cost?
Click here to see answer by checkley75(3666)

Question 104206: Hello,
I need help using a system of equations to solve this problem:

Amal reversed the digits in the amount of a check and underpaid a customer by $36. The sum of the digits in the two-digit amount was 8. I need help finding the amount of the check.

Thank you
Click here to see answer by scott8148(3382)

Question 104208: Hello,

I need help solving this word problem using a system of equations:

A boat travels 60 miles downstream in the same time it takes to go 36 miles upstream. The speed of the boat in still water is 15 mph greater than the speed of the current. Find the speed of the current.

Thank you
Click here to see answer by scott8148(3382)

Question 104213: John invested $7000 into two funds. One fund paid 14% interest per year and the other paid 11% interest per year. The total interest for the year was $902. How much money was invested at each rate?
Click here to see answer by jayanthihemkos@yahoo.com(87)

Question 104253: Please help with this problem, I can't seem to get it set up right, Thanks in advance.
John and Sherry needed to rent a car for a week.Avis wanted $28 per day, with no mileage fee. Toyota wanted $108 per week and $.14 per mile. How many miles would they have to drive before the Avis price is less than the Toyota price?
Click here to see answer by Fombitz(2113)

Question 104274: Please help with this problem, I can't seem to get it set up right, Thanks in advance.
John and Sherry needed to rent a car for a week.Avis wanted $28 per day, with no mileage fee. Toyota wanted $108 per week and $.14 per mile. How many miles would they have to drive before the Avis price is less than the Toyota price?
Click here to see answer by mathnard(10)

Question 104342: 1) Each of the 24 members of the Booster's Club bought either a pennant or a cap at the football game. The pennants were $1.25 each and the caps were $1.50 each. If the total bill was $34, how many people bought pennants?
2) Adult tickets for the senoir class play were $4 each and student tickets were $2. A total of 1250 tickets worth $3400 were sold. How many student tickets were sold?
Click here to see answer by stanbon(26249)

Question 104292: When x number of units are sold, the price of each unit (in dollars) is given by p= -x/2 + 75. Find the unit price when the following quantities are sold. 2, 7, 9, 11.
Click here to see answer by edjones(3291)

Question 104549: A total of $8000 is invested, part at 6% and the remainder at 9%. How much is invested at each rate if the annual interest is $540?
Click here to see answer by checkley75(3666)

Question 104660This question is from textbook discovering algebra assessment resources
: In October 2004,1 U.S dollar was equivalent to 1.23 Canadian dollars.1 european euro was equivalent to 8.20 Norwegian kroner,and 1 Norwegian krone was equivalent to 0.15 U.S. dollars. How many European euros were equivalent to 1 Canadian dollar?

Please help and show steps.My son and I have been stuck on this all night.this is a chapter 1-3 exam worksheet from Discovering Algebra(an investigative approach)But this problem is not in the book. thank you so much for your help.This question is from textbook discovering algebra assessment resources

Click here to see answer by stanbon(26249)

Question 104808This question is from textbook
: Jo has 37 coins (all nickels, dimes and quarters) worth $5.50. She has 4 more quarters than nickels. How many dimes does she have?This question is from textbook

Click here to see answer by rossiv53(27)

Question 104884: Find the amount of the investment:
$480 invested at 12% compounded quarterly after a period of 7 years
Click here to see answer by edjones(3291)

Question 104941: A home valued at $150,000 is assessed taxes of $1900. At the same rate how much tax is ona home valued at $180,000?
Click here to see answer by Fombitz(2113)

Question 104951: Value of car 2 yrs after it was bought = 14300, 4 yrs = 10200, what is depreciation rate? Is 2050 right and how do you find the yrs it will take to reach 0 value. I tried but now I am stuck. Please help if you will, and thanks again for the help!!!
Click here to see answer by Fombitz(2113)

Question 105110: Phyllis invested $12,000, a portion earning a simple interest rate of 4 and 1/2% per year and the rest earning a rate of 4% per year. after one year and the total interest earned on these investments was $525. how muchb money did she invest at each rate?
Click here to see answer by elima(1433)

Question 105243: A baker uses 1.5 LB of apples to make an apple pie. How many pounds of apples will the baker need to make 12 apple pie?
F. 12 LB
G. 15 LB
H. 18 LB
J. 22 Lb
Please show me how you arrive at the answer.
THanks a lot for all your hard work!

Click here to see answer by edjones(3291)

Question 105739: The attendance at a baseball game was 400 people. Student tickets cost $2 and adult tickets cost $3. total ticket sales were $1050. How many tickets of each type were sold?
Click here to see answer by jermz69(5)

Question 105784: Carla invested $28,000, part at 14% and part at 9%. If the total interest at the end of the year is $3,370, how much did she invest at 14%?
Click here to see answer by Fombitz(2113)

Question 106039: Please can you help me? Amanda has 500 in ten dollar, five dollar, and one dollar bills. There were 100 bills in all, and 20 more five dollar bills than ten dollars bills. How many one-dollar bills did Amanda have? Round to nearest whole number
Click here to see answer by scott8148(3382)

Question 106196: Laura is a salesperson in a retail store and earns $78 per week plus 13% of her weekly sales. If Laura made $338 one week, what were her sales that week?
I tried setting up a formula
A= 78+ (0.13x)
so A= 338,
338=78+(0.13x)
is this the right way? If not, how do I proceed with the question? Thank you in advance for your help.
Click here to see answer by bucky(1732)

Question 106223: Mr. Jones sold 2 candies at $1.20 each. based on the cost, his profit on one was 20% and his lost on the other was 20%. On the sale of the candies, he gain or lost by how much?
Click here to see answer by edjones(3291)

Question 106273: A wallet contains $1, $5 and $20 bills. The number of $5 bills is equal to the sum of the other bills. If the wallet contains ten bills total, how many $5 bills does it contain?
Click here to see answer by MathLover1(1183)

Question 106236: Supermarkets often price miscellaneous merchandise at a price they know will sell fast and determine what they can pay for it by this selling price. The Market bought men's t shirt to sell at $10 each. If they allow 40 percent of the selling price for expenses and profit, what will they be willing to pay for the t shirts.

please help me...thanks
Click here to see answer by scott8148(3382)

Question 106216: A man has $125 in $2 coins and $5 bills. If he has 40 coins and bills in total, how many of each kind are there?

Click here to see answer by scott8148(3382)

Question 106299: Salary Plus Commission: Stockdale Marine pays salespeople as follows: $452 per week plus a commission of .9% on sales above $15,000 through $25,000 with 1.1% paid on sales in excess of $25,000. Find the gross earnings for each of the following salespeople. (No commission is paid on the first $15,000 of sales.)
Employee: Feathers, C.
Total Sales: $32,874
Gross Earnings: ?
Click here to see answer by Fombitz(2113)

Question 106284This question is from textbook Algabra Structure and Method
: The difference of two integers is 9. Five times the smaller is 7 more than three times the larger. Find the numbers.This question is from textbook Algabra Structure and Method

Click here to see answer by ptaylor(1578)

Question 106307: Sarah needs to borrow $1500 for her school tuition. She borrows the money on a six month short term note that charges simple interest. After 6 months, she owes $90.00 in interest. What is the simple interest rate being charged on this note?
Click here to see answer by Fombitz(2113)

Question 106308: How much interest will be earned at the end of three years on a deposit of $12,500 in an account paying 2.25% interest compounded monthly?
Click here to see answer by stanbon(26249)

Question 106430: The CALC Company makes basic scientific calculators. Each calculator costs $2.25 to produce. The fixed costs of production are $10,500 per month. These calculators sell for $10.75 each. If the company produces and sells 550,000 calculators in February, find the profit or loss for the company for the month of February.
Click here to see answer by stanbon(26249)

Question 106306: At Jones Realty each sale of a house results in 6% of the selling price being paid to the business. The selling agent then receives 60% of that amount as commission. If an agent sells a house for $225,000, what is the commission on the sale?
Click here to see answer by elima(1433)

Question 106429: A dishwasher costs $875. You pay $100 down and finance the rest at 11.5% APR for 24 months. How much more did you pay for the dishwasher by financing it instead of paying cash?
Click here to see answer by solver91311(5072)

Question 106426: At Jones Realty each sale of a house results in 6% of the selling price being paid to the business. The selling agent then receives 60% of that amount as commission. If an agent sells a house for $225,000, what is the commission on the sale?
Click here to see answer by edjones(3291)

Question 106575: adult tickets for a play cost $17 and child tickets cost $7. if there were 32 people at a performance and the theater collected $354 from ticket sales, how many adults and how many children attended the play?
Click here to see answer by Earlsdon(4898)

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