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

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Question 317214: a vertical pole of height 5.60m casts a shadow of lenght 3.20m on the horizontal
earth surface,under the similar conditions and at the same time,find
1-the length of the shadow,cast by another vertical pole of height 10.5 metre
2-the vertical height of the pole which cast a shadow of length 5 metre
Click here to see answer by checkley77(12569)

Question 317386: Mr Rohan gave 5/14of his money to his son 2/3 of the reminder to his daughter and the rest to his wife. If his wife got Rs.36000. whatwas total amount?
Click here to see answer by solver91311(16897)

Question 317406: a debtor owes 2200 due at the end of 2 years. he asks his creditors for the privilege of paying the debt immediately. at what simple interest rate 5% or 6% would the creditor prefer to compute the required present value , and how much would he gain by the better choice?
Click here to see answer by Theo(3464)

Question 317452: a fort is provisioned for 42 days; after 10 days a reinforcement of 200 men arrives and the food will now last only for 24 days . how many men were there in the fort?
Click here to see answer by stanbon(57361)

Question 317349: joan had $1000 to invest. she invested part of the money in a COD that paid 4% annual simple interest, and the remainder in a mutual fund that paid 8% annual simple interest. the totsl interest of investments was $68.00. How much did Joan invest in each?
Click here to see answer by Fombitz(13828)

Question 317343: You are buying a new car. You have $10,000 from Savings and $12,000 from a car loan. What integer would represent your total budget for buying a new car?
I realize the answer to that is 22,000 but the next question I'm stuck:
Using your answer from 1: You will use 15% of your budget to pay for tax and title fees. Write an algebraic expression (meaning you DO NOT SOLVE) showing how much of your budget you will be spending on the cost of the car.

Click here to see answer by JBarnum(2044)

Question 317640: divide rs 2800 among three person a,b,c. if the shares of a and b are in the ratio 12:13 and C's shares is 40% of the total of shares of a and b; find the shares of a,b,and c
Click here to see answer by mananth(12270)

Question 317766: How much interest would there be on $2,500.00 over 41 years?
Click here to see answer by checkley77(12569)

Question 317997:
in a recent year, the price of a gallon of home heating oil was $1.28. The price then rose .6 cent, dropped .2 cent and then rose .5 cent. By how much did the price change during that period?
Please write your answer as a complete sentence and must show all work.
Click here to see answer by checkley77(12569)

Question 224095: you invest $2,500. If you maintain a balance of $2,500 for a whole year, your interest rate will be .50%. How much will your balance be at the end of the year.
Click here to see answer by shreeaseem007@yahoo.in(3)

Question 315129: how long would it take for money to double itself at 10% simple interest?

Click here to see answer by shreeaseem007@yahoo.in(3)

Question 318259: How do I factor this problem step by step?
x²-20x-200=0
Click here to see answer by Alan3354(30993)

Question 318444: Company x plans layoffs in recession. 10% of its employees in its A division and 15% of its employes in its B division. Altogther 12% of the 3000 employees in these two divisions will be laid off. How many employees are in each division? x + y = 3000
Click here to see answer by rfer(12662)

Question 318463: $8,600 is invested for 5 months at 9% per year what is the future value
Click here to see answer by mananth(12270)

Question 318590: On Friday, Niles sold $3.25 more than twice what she sold on Thursday. She sold $20.25 Friday. How much did she sell Thursday?

Click here to see answer by JBarnum(2044)

Question 318695: A car is for sale
It's marked down 10%
Then it's marked down 20% off the first sale price
Then it's marked down 25% off the second sale price
selling price $3240. What is the original price
I've tried adding 25% to the 3240. and going that way but it's not right
example:100.-25%is 75. but 75 + 25% is 93.75
please tell me what I am missing Thank you
Click here to see answer by stanbon(57361)

Question 318682: Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.)
$175 monthly payment, 6.25% interest, 12 years
I have tried: 175(1+0.0625)^144-1/0.0625*(1+0.0625)
Click here to see answer by rfer(12662)

Question 318295: Three loaves of bread and two jars of peanut butter cost $5.49. Four loaves of bread and three jars of peanut butter cost $7.75. Find the price of a loaf of bread and a jar of peanut butter.
Click here to see answer by scott8148(6628)

Question 319013: A=$10,000 (1+0.05/2)^2.6
Click here to see answer by checkley77(12569)

Question 319181: A bank teller has some five-dollar bills and some twenty-dollar bills. The teller has 10 more of the twenties. The total value of the money is $700. Find the number of five-dollar bills that the teller has.
Click here to see answer by nyc_function(2733)

Question 319233: Please help me solve this problem:
Adams Company bought a piece of land in 1981 for $200,000. By 2005, its value had increased to $1 million. Find the annual rate of appreciation during this period.
Click here to see answer by stanbon(57361)

Question 319235: Please help me solve this problem:
Suppose you want to accumulate $25,000 as down payment on a house and the best you can do is to put aside $200 a month. If you deposit this amount at the beginning of each month in an account that credits 0.75% interest monthly, how long will it take you to attain your goal?
Click here to see answer by josmiceli(9686)

Question 319252: Alex invested $6000, part at 6% simple interest and part at 4% simple interest for a period of 1 year. How much did he invest at each rate if each account earned the same interest.
Click here to see answer by mananth(12270)

Question 319330: I need to find the amount of sales tax that was paid. I only have the total amount paid of $186,421.53 and that the tax paid was 7.750%. Is there an equation that I can use to solve for the amount of the items purchased and the amount of the tax paid?
Click here to see answer by stanbon(57361)

Question 319466: Janie has $317 saved. She plans to save $55 every week so that she can have enough money for new hardwood floors in her kitchen. She needs to save a total of $998, which includes installation. How many weeks will she need to save to be able to have the new floor installed? Show step by step work and include units in your answer.
Click here to see answer by stanbon(57361)

Question 319455: Amy paid $76.08 for a pair of running shoes during a 15% off sale. What was the regular price?
Click here to see answer by rfer(12662)

Question 319698: Find the compound interest earned by the deposit. Round to the nearest cent.
$1800 compounded quarterly at 4% for six years. I tried the formula for your question #201910 but that one is compounded annually instead.
Click here to see answer by rfer(12662)

Question 319565: Please help!
Suppose you want to accumulate $25,000 as down payment on a house and the best you can do is to put aside $200 a month. If you deposit this amount at the beginning of each month in an account that credits 0.75% interest monthly, how long will it take you to attain your goal?
Please show me step by step how to gt the following answer
The answer is given as: [88 months]
But I do not know how to get the answer.

Click here to see answer by mananth(12270)

Question 320229: Lee invests $10,000 in stocks and bonds. The stocks return 15% a year and the bonds return 10% a year. If the total return on the investment after one year is $1,100, how much did Lee invest each in stocks and bonds?
Click here to see answer by stanbon(57361)

Question 320225: The total cost of 8 buckets and 5 mugs is $92, and the total cost of 5 buckets and 8 mugs is $77. Find the cost of one bucket and the cost of one mug.
Click here to see answer by checkley77(12569)

Question 320405: A money market fund advertises a simple interest rate of 5%. Find the total amount received on an investment of $3000 for 18 months.

Click here to see answer by rfer(12662)

Question 320474: there are 15 employees that must attend training session where only 3 people can be trained at a time. how many different possible groups are there?
Click here to see answer by checkley77(12569)

Question 320540: question=cookies are sold singular or in packages of two or six. how many ways can you buy a dozen cookies?
Click here to see answer by solver91311(16897)

Question 320542: marc goes to the store with exactly $1.00 in change he has at least one of each coin in less than half dollar coin but he does not have a dollar coin.

what is the least number of coins he could have?
waht is the greates number of coins he could have?
Click here to see answer by checkley77(12569)

Question 320500: I'm trying to find out how much $200,000 in the year 1777 would be worth today.
Thank you for your help. This information is for a book. Lafayette gave this amoung to help with the Patriot Cause in 1777.
Click here to see answer by ankor@dixie-net.com(15656)

Question 320604: You invest $8000 in two accounts paying 8% and 5% respectively. If the interest at year's end is 490, how much of that amount did you invest at each rate?
Click here to see answer by mananth(12270)

Question 320846: Tara receives an annual return of $332 from $5,000 invested at a simple interest. How much is the interest rate? (Interest=amount invested interest rate).
Click here to see answer by stanbon(57361)

Question 320887: A total of $4300 was invested, part of it at 5% interest and the remainder at 10%. If the total yearly interest amounted to $310, how much was invested at each rate?
Click here to see answer by mananth(12270)

Question 321056: I have looked thru about 1000 answers on here and can't figure out how to solve my problem. Finding the slope, I came up with .20. Am I right that this means there is a .20 increase of profit per person? I feel like this should be so simple but I just can't quite come up with an equation that works. Please help!! Here is the problem: If the profit from 500 customers is $1000 and the profit from 900 customers is $3000, what will the profit be for 1500 customers?
Thanks so much!

Click here to see answer by stanbon(57361)

Question 321159: If Ben invests $4000 at 4% interest per year, how much additional money must he invest at 5.5% annual interest to ensure that the interest he receives each year is 4.5% of the total amount invested?
Click here to see answer by mananth(12270)

Question 321215: ted drove to his friends house.. the total distant one way was 305 miles, and it took him 15 hours. how fast was ted driving? round to the nearest whole number...
Click here to see answer by checkley77(12569)

Question 321289: A deposit of $5000 is made to an account that earns an annual
interest rate of 8% compounded quarterly. If no money is added
or withdrawn, which of the following represents the balance A in
the account after q quarters?
A. A = 5000(1 + 0.02)q
B. A = 5000(1 + 0.02)0.25q
C. A = 5000(1 + 0.02)4q
D. A = 5000(1 + 0.08)q
Click here to see answer by rfer(12662)

Question 321640: Determine the present value P you must invest to have the future value A at simple interst rate r after time t.
A= $2000.00 r= 15.0% t= 9 months $________
Please help

Click here to see answer by stanbon(57361)

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