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 129766: A sum of $3,500 is invested in two parts. One part brings a return of 5% and the other a return of 8%. The total annual return is $250. Find the amount invested at each rate.
Click here to see answer by oscargut(682)

Question 129932This question is from textbook algebra
: Hey! I despratly need help!!!!! Math is my worst subject. I tried working out this word problem and couldn't.Made a mistake. I was wandering if any of guys guys could help me?
I also need to solve it by doing the 5 step method:

*********Jim has a total of 50 coins. Some are nickels and some are dimes. altogether he has $4.15. How many dimes does he have? How many nickels?***********

Than is states that I have to cheack it! I wouldn't ask you guys to do that, but give me tips and help on how to solve the cheaking system.
Please if you can help me I would really appreciate it! Please and Thank You=)

This question is from textbook algebra

Click here to see answer by stanbon(26249)

Question 129946This question is from textbook algebra
: Hi! Another word problem I am having trouble with. So it says:
*Erins age is 3 times Warren's. In 4 years she will be twice as old as he will be. How old is each now?*
Please and Thank You=)This question is from textbook algebra

Click here to see answer by Earlsdon(4898)

Question 129940This question is from textbook algebra
: Hi me again. I mostly having trouble with word problems *Math worst subject*, anyway, with this I started than got confused:
*When the digits of a two-digit number are reversed, the new number is 9 more than the original number, and the sum of the digits of the original number is 11. What is the original number?*
I am always thankful, or gonna be thankful when you guys help me, I always wanted help with this algebra book. Thankfully I got it.
Please and Thank You=)This question is from textbook algebra

Click here to see answer by jim_thompson5910(13785)

Question 129953: A rental car company purchases an automobile for $21,400. The automobile requires an average cost of $6.50 per day in maintenance. The automobile rents for $50.00 a day. Find a linear function that expresses the total revenue R when the automobile has been rented for t days.
Click here to see answer by josmiceli(3003)

Question 129937This question is from textbook algebra
: Basically it's something to do with 5- step method- Please help me!
* A sail boat travels 20 miles downstream in 3hours. It returns in 4 hours. Find the speed of the sailboat in still water and the rate of the current.*

What I did was try and gather the information given than got stuck barely half way through. Always apprecciate the help I can get. Please and Thank You=)This question is from textbook algebra

Click here to see answer by josmiceli(3003)

Question 129936: A college sold a total of 1000 tickets for a concert.Lower level tickets were $9 and upper level tickets were $5.If they took in $6200,how many of each type of ticket did they sell?5
Click here to see answer by checkley71(8405)

Question 129935: A college sold a total of 1000 tickets for a concert.Lower level tickets were $9 and upper level tickets were $5.If they took in $6200,how many of each type of ticket did they sell?5
Click here to see answer by checkley71(8405)

Question 130166: Walt Disney World, in Orlando, Florida, is the most popular theme park in the world. More than thirty-nine million people visit it every year. If exactly 43.12 million people visit the park in 2008 at an average admission price of $43.84, how much revenue was generated from ticket sales?
Click here to see answer by checkley71(8405)

Question 130283: If P dollars is invested in a bank that coumpounds interest n times a year, the value of the account after t years is found evaluating P(1 + i/n)^nt where i is the annual interest rate (as a decimal number). Find the value of an account for which P=$1000, i=5%, n=2 and t=3 years.
Click here to see answer by checkley71(8405)

Question 130307: how many ways can you make change for a $50 bill using $5, $10, and $20 bills?
Click here to see answer by ilana(236)

Question 130458This question is from textbook algebra ( the classic)

: Laura invested $2000, some at 8%,annual simple interestand the rest at 10% annual simple interest, giving her a total of $176 per year. How much did she invest at 8%?This question is from textbook algebra ( the classic)

Click here to see answer by checkley71(8405)

Question 130516: a collection of 5 centavo coins, 10 centavo coins and 25 centavo coins totals P4.20. The total number of coins is 36. There are twice as many 10 centavo coins as the 25 centavo coins. How many of each kind are there??? PLEASE HELP ME...I REALLY NEED TO ANSWER MY HOMEWORK...BECAUSE THESE ARE ALL PART OF OUR FINAL EXAMS..THANX...
Click here to see answer by stanbon(26249)

Question 130522: Alex and Boy working together can complete a job in 7 1\2 hours. Working alone, Alex takes 8 hours longer than Boy to do the job. How long would it take each working alone?helllpp me...
Click here to see answer by edjones(3291)

Question 130517: A purse has P218 in P10, P5, and P1 Coins. There are 46 coins in all and there are 4 more P5 coins than the P10 coins. How many of each kind of coin are there?? hope you can help me...
Click here to see answer by scott8148(3382)

Question 130520: Its me again! In a picnic a group of students rented a hut FOR P600. TWO OTHER STUDENTS JOINED IN, AS A CONSEQUENCES, EACH OF THE OTHERS NEED TO PAY P10 LESS. HOW MANY WERE THERE IN THE ORIGINAL GROUP?
Click here to see answer by scott8148(3382)

Question 130521: The expenses for an art project of a group of students amounted to P360.THREE OF THE STUDENTS HAD TO WITHDRAW FROM THE GROUP, AND AS A RESULT THE SHARE OF EACH OF THE OTHERS WAS INCREASED BY P20. HOW MANY WERE IN THE ORIGINAL GROUP?...PLS HELP ME...THANX A LOT
Click here to see answer by scott8148(3382)

Question 130518: A man made a deposit of P1060. iF HIS DEPOSIT CONSISTED OF 42 BILLS, SOME 10PESO BILLS AND THE REST 50 PESO BILLS, HOW MANY OF BILLS OF EACH KIND DID HE HAVE?
Click here to see answer by checkley71(8405)

Question 130546This question is from textbook algebra
: Hey everyone!
So this problem was a little tricky for me, the problem is: The amount of money that a salesperson makes varies directly as the total amount of sales made. If the salesperson recieves $7,500 for selling a house for $120,000, how much will he or she make if he or she sells a house for 150,000?
Than it also says to cheack the problem, please help me, and Thank you=)This question is from textbook algebra

Click here to see answer by checkley71(8405)

Question 130551This question is from textbook algebra
: Please help me!The problem is:
An investment of $1500 paid interest of $45 during a certain period. How much interest would an investment of $2000 invested at the same rate for the same length of time pay?
Please and Thank you=)
This question is from textbook algebra

Click here to see answer by checkley71(8405)

Question 130915This question is from textbook algebra
: Hi!
In the period of a year, an invester lost twice as much as he gained. If he originally had $10,000 and now has $8000, what amount did he gain and what did he lose?
Please Help me, Thank You=)This question is from textbook algebra

Click here to see answer by mathispowerful(115)

Question 131035: for a wedding, mia bought several dozen of roses and several dozen carnations. the roses cost $15 per dozen, and the carnation cost $8 per dozen. mia bought a total of 17 dozen flowers and paid a total of $192. how much roses did she buy?
Click here to see answer by checkley71(8405)

Question 131315: 3. You recently started the paperwork to purchase your new home, and you were just notified that you can move into the house in 2 weeks. You decide to hire a moving company, but are unsure which company to choose. You search online and are interested in contacting two companies, Heavy Lifters and Quick Move, to discuss their rates. Heavy Lifting charges an $80 fee plus $35 per hour. Quick Move charges $55 per hour with no additional fees.

a) Which mover provides a better deal for 2 hours of work? How did you arrive at your answer?
b) Which mover provides a better deal for 15 hours of work? How did you arrive at your answer?
c) For what values h (hours) does Quick Move offer the better deal? Express your answer as an inequality. Explain how you reached your answer.

Click here to see answer by solver91311(5072)

Question 131265: Mr. Santos invested 50,000 pesos, part of which at 5% per year and the rest at 6% per year. his annual income from the two investments was 2000 pesos. How much did he invest at each rate?
Click here to see answer by checkley71(8405)

Question 131406: The following problem is somewhat confusing. The answer I have is $470., but I don't think it's right. Could I have some help figuring it out. Thank you. Malik purchased a pair of roller blades that were $250. They were on sale for $180. He charged the roller skates on his credit card and made the min monthly payment of $20. When he recieved his first statement he read that the min finance charge was $15 for each month there was a balance on the card. If Malik waited until he had the $250 in hand to pay for the skates. How much would he save.
Click here to see answer by josmiceli(3003)

Question 131405: Dylan sells $1,000 ads for the radio station he works for. He earns $566 per week, plus four percent commission. In the last six weeks, Dylan earned $6,516. How many ads did he sell?
Click here to see answer by josmiceli(3003)

Question 131665This question is from textbook
: A financial planner has a client with $15,000 to invest. If he invests $10,000 in a certificate of deposit paying 11% annual simple interest, at what rate does the remainder of the money need to be invested so that the two investments together yield at least $1600 in yearly interest?This question is from textbook

Click here to see answer by ptaylor(1578)

Question 132131: An investor buys 3 types of stock (A,B, and C) for a total price of $2750. Stock A costs $3.00 per share and both stocks B and C cost $2.50 per share. The investor buys a combined 600 shares of A and B. A combined 900 shares of A and C are bought. How many shares of each stock were bought?
Click here to see answer by stanbon(26249)

Question 132593: THIS IS NOT A PROBLEM FROM A BOOK
Problem: A business invests $10,000 in a savings account for two years. At the beginning of the second year, an additional $3500 is invested. At the end of the second year, the account balance is $15,569.75. What was the annual interest rate?
I think that the interest rate is .0880745 through trial and error but I am unsure of how to solve this algebraically (or at least setting it up). The $10,000 has two years interest and the additional $3,500 accrues only one year interest.
Thanking in advance for any help on this. It is due today and I stayed up late last night trying to figure it out. Thanks again!
Click here to see answer by scott8148(3382)

Question 133037: Could someone please help me solve this word problem. I am a little lost as to how to solve it correctly.
Amy paid $69.01 for a pair of running shoes during a 40% off sale. What was the reqular price of the shoes?
Click here to see answer by stanbon(26249)

Question 133082: The function f(x)=6.75 X+12squared models the amount, F(x), in billions of dollars of new student loans x years after 1993. According to the model, in what year is the model is the amount loaned expected to reach $39 billoin?
Click here to see answer by vleith(1977)

Question 133091: The cost C(x) of serving x customers is given C(x)=2x^2+70x+812 dollars. If $2312 is spent serving customers, how many customers are served?
Click here to see answer by vleith(1977)

Question 133131: The weekly revenue for a company is R = -3p^2+60p+1060, where p is the price of the company's product. Find the maximum revenue for this company.
Thanks for your help.

Click here to see answer by stanbon(26249)

Question 133323: Marika and freddy sold 70 homes for Ron Realty. If Marika sold 2.5 times as many homes as freddy. how many did each hmes sells?
Click here to see answer by vleith(1977)

Question 133394: How can 28,0000 be invested, part at 4% annual simple interest and the remainder at 10%, so that the interest earned by the two accounts is equal at the end of the year?
Click here to see answer by stanbon(26249)

Question 133514: If $350 is deposited in an account paying 12% of annual interest compounded monthly, then how much is in the account at the end of 6 years and 6 months?
Click here to see answer by checkley71(8405)

Question 133710: Could you please help me solve this problem I am not very good with word problem.
As you are leaving the community, you notice another new community jus down the street. Because yu are in the area, you decide to inquire about it.
a) The sales representative here tells you they also have two floor plans available, but they only have 38 homes available. Write an equationthat illustrates the situation. Use x and y to denote floor plan #1 and floor plan #2 respectively.
b) The representative tells you that floor plan #1 sells for $175,000 and floor plan #2 sells for $200,000. She also mentions that all the available houses combined are worth 7,2000,000. Write an equaton that illustrates this situation. Use the same variable you used in part a.
c) Use elimination to determin how many houses with each floor plan are available. Explain how you arrived at your answer.
Click here to see answer by vleith(1977)

Question 133751: A retired couple has $130,000 to invest to obtain annual income. They want some of it invested in safe Certificates of Deposit yielding 5%. The rest they want to invest in AA bonds yielding 11% per year. How much should they invest in each to realize exactly $11,900 per year?

Click here to see answer by ptaylor(1578)

Question 133960: A retired couple has $130,000 to invest to obtain annual income. They want some of it invested in safe Certificates of Deposit yielding 5%. The rest they want to invest in AA bonds yielding 11% per year. How much should they invest in each to realize exactly $11,900 per year?

Click here to see answer by ptaylor(1578)

Question 134040: Please help me solve this....................
A. Susan is purchasing a $15.00 item. Which coupon should she use to save the most money? Show all your work
Coupon A Coupon B
Take off any purchase Take 25% off any
of $10.00 or more purdhase

B. For what priced item will both coupons save the exact same amoun? show all your work and explain your thinking.
Click here to see answer by solver91311(5072)

Question 134063: Please help me solve this....................
A. Susan is purchasing a $15.00 item. Which coupon should she use to save the most money? Show all your work
Coupon A Coupon B
Take off any purchase Take 25% off any
of $10.00 or more purdhase

B. For what priced item will both coupons save the exact same amoun? show all your work and explain your thinking.: Please help me solve this....................
A. Susan is purchasing a $15.00 item. Which coupon should she use to save the most money? Show all your work
Coupon A Coupon B
Take $5.00 off any purchase Take 25% off any purchase
of $10.00 or more

B. For what priced item will both coupons save the exact same amount? show all your work and explain your thinking.
Your message has been sent!

Click here to see answer by vleith(1977)

Question 134099: Mirandas financial aid stipulates that her tuition not exceed $1200. If her college charges a $90 registration fee plus $375 per course, what is the greatest number of courses for which Miranda can register?
I got 3 courses...am i right?????
Thank you for your help.
Click here to see answer by vleith(1977)

Question 134128: Hello,
I am having a hard time understanding this problem. Could you help me set the equation up and find the solution? It seems quit simple but i'm not getting it.
Bernice withdrew $985 in $5 and $20 bills from her savings account.If she had 65 bills altogether, how many of each amount did she have?
Thank you for your time,
Mrs. Gibson
Click here to see answer by josmiceli(3003)

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