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Tutors Answer Your Questions about Money Word Problems (FREE)
Question 204176: The amount Estella invested in a 6% savings is $3500 less than the amount she invested in a 10% savings account. At the end of the year,she received $75o in simple interest. Find the amount invested in each account?
I think you set the probelm up like this .06(x-3500).10+x=1500?
Can anyone confirm this?
Click here to see answer by ankor@dixie-net.com(6685)   |
Question 204208: The profit function for a computer company is given by P(x) = -x^2+ 25x - 24 where x is the number of units produced (in thousands) and the profit is in thousand of dollars.
a) Determine how many (thousands of) units must be produced to yield maximum profit. Determine the maximum profit.
(thousands of) units =?
maximum profit = ? thousand dollars
b) Determine how many units should be produced for a profit of at least 40 thousand.
more than ?(thousands of) units
less than ?(thousands of) units
(the question marks are where I need answers)
Click here to see answer by stanbon(26249)  |
Question 204343: can you help me solve this word problem; 1) A piece of cardboard has a length of 60cm and a width of 40cm. In order to make the cardboard into an open box, a box with no lid), a piece of length x must be cut out of each corner.
-Write an equation to represent each dimension of the box.
-Using the dimensions from part a), find the S.A and Volume of the box. (Remember that it is an open box with no lid.)
Click here to see answer by Earlsdon(4898) |
Question 204247: The marketing department of a company estimates that the demand for a product is given by dollars, where is the price per unit and is the number of units.
The cost of producing units is given by dollars, and the profit for producing units is given by
Skech the graph of the profit function and estimate the number of units that would produce a maximum profit.
for maximum:
Click here to see answer by solver91311(5070)  |
Question 205252: Carolyn Ellis is setting up an annuity for her retirement. She can set aside $2000 at the end of each year for the next 20 years and it will earn 6% annual interest. What lump sum will she need to set aside today at 6% annual interest to have the same retirement fund available 20 years from now? How much more will Carolyn need to invest in periodic payments than she will if she makes a lump sum payment if she intends to accumulate the same retirement balance?
Click here to see answer by rfer(2683) |
Question 175576: Hi I missed this question at an employment exam. I would like to see how you would solve this: thanks!
Johnny was given x amount of money for his birthday. He spent all of that money in five stores. If he spent half of the money he had plus one dollar at every store, how much money did he originally have?
Click here to see answer by shannonb(1) |
Question 205608This question is from textbook Algebra
: An experienced plumber maide $600 for working on a certain job. his apprentice, who makes $3 per hour less, also made 600. However, the apprentice worked 10h more than the plumber. How much does the plumber make per hour?This question is from textbook Algebra
Click here to see answer by ptaylor(1578)  |
Question 205672: Two roads intersect at right angles. At this corner, there is a triangular parking lot that extends 120 feet along one road and 75 feet along the other road. If blacktop cost $2.50 per square foot, find all cost of black topping the parking lot.
SHOW ALL WORK. INCLUDE A DIAGRAM. EXPLAIN EACH STEP OF YOUR ANSWER.
Click here to see answer by Targetweek(62) |
Question 205714: please help me slve this equation, Thank you.
Amount of an investment. The amount of an investment
of P dollars for t years at simple interest rate r is given by
A=P+Prt.
a) Rewrite this formula by factoring out the greatest
common factor on the right-hand side.
b) Find A if $8300 is invested for 3 years at a simple
interest rate of 15%.
Click here to see answer by stanbon(26249) |
Question 205632: Can you please help me to determine the future value of an ordinary annuity paying 10% quarterly for nine years if quarterly deposits of $450 are made throughout the nine years.
If you could show me how you get to your answer, this will be useful.
Click here to see answer by rfer(2683) |
Question 206035: Money Problem
Given: paychecks
employee 1 (234.00)
employee 2 (368.00)
employee 3 (179.00)
employee 4 (388.00)
employee 5 (263.00)
question: If i went to a bank and withdrew a total of 1432.00 dollars to pay each employee what he earned on his paycheck how do i figure out how many 20.00s i need ..how many 10s i need how many 5.00's and how many 1's i will need
i can do it long hand but i was wondering if there is a way to express it in a math equation and use it for ANY AMOUNT of employees
ps..all played in cash.. denomiation values are 20.00 10.00 5.00 1.00
Click here to see answer by rfer(2683) |
Question 206222: A woman invested 25000$ in 2 business ventures. Last year she made a profit of 15% from the first venture but lost 5% from the second venture. If last year's income from the two investments were equivalent to a return of 8% on the entire amount invested. How much has she invested in each venture?
Click here to see answer by stanbon(26249) |
Question 206262: The community fund has a goal of collecting d dollars for a special project. So farm, h dollars have been collected. In terms of d and h, what percent of the money has NOT yet been collected?
A) 100h/d%
B) d/100h%
C) 100d/h
D) d/100(d-h)%
E) 100(d-h)/d%
Click here to see answer by Marth(57) |
Question 206325: A mother wants to invest $12,000 for her sons future education. She invests a portion of the money into a bank CD which 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $720.00 how much was invested into the CD??
Click here to see answer by rfer(2683) |
Question 206325: A mother wants to invest $12,000 for her sons future education. She invests a portion of the money into a bank CD which 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $720.00 how much was invested into the CD??
Click here to see answer by mickclns(59) |
Question 206265: Maria has d dollars in her savings account. In the summer, her weekly expenses, e, are greater than her weekly salary, s. If she makes up the difference from her savings, how many weeks will her savings last?
A) d/e-s
B) d/s-e
C) s/e-d
D) e-s/d
E) e-d/s
Click here to see answer by edjones(3291)  |
Question 206431: I simply need the formula please I have a list of financial information with a begining Inventory the purchaces and the net sales. Using this information and the retail method of inventory I need to estimate the value of the ending inventory. I would like to arrive at the answer on my own. But I cant remember the formula. Thank you for your help.
Click here to see answer by rfer(2683) |
Question 206941: two boats travel at right angles to each other after leaving a dock at the same time. one hour later they are 25 miles apart. if one boat travels 5 miles per hour faster than the other, what is the rate of each?(Hint: use the pythagorean theorem).
Click here to see answer by stanbon(26249) |
Question 207217: 4. 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?
Click here to see answer by rfer(2683) |
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