Tutors Answer Your Questions about Money Word Problems (FREE)
Question 396092: Monique has $500 to invest. Some of the money is placed in an account that pays 4% interest per year. The remaining money is placed in an account that pays 6% interest per year. If after o e year, she has accumulated a total of 23$ in interest, how much was invested in each of these accounts?
Click here to see answer by josmiceli(9686)  |
Question 396375: A total of 10,000 is invested in two funds paying 5% and 7% annual intrest. the combined annual intrest is 644. how much of the 10,000 is invested in each fund. Please help i am really confused on this problem. explain how its done
Click here to see answer by rfer(12662) |
Question 396377: Jeanne Marie said there is no difference between an 8% annual interest rte compounded quarterly and an 8% annual interest rate Explain to Jeanne Marie the error of her ways using examples and a clear explanation
Click here to see answer by rfer(12662) |
Question 396377: Jeanne Marie said there is no difference between an 8% annual interest rte compounded quarterly and an 8% annual interest rate Explain to Jeanne Marie the error of her ways using examples and a clear explanation
Click here to see answer by stanbon(57361) |
Question 396673: To make a special mix for Valentine's Day, the owner of a candy store wants to combine chocolate hearts that sell for $5 per pound with candy kisses that sell for $3.50 per pound. How many pounds of each kind should be used to get 30 pounds of a mix that can be sold for $4.50.
Click here to see answer by ewatrrr(10682)  |
Question 396677: A math teacher assigns one second of homework the first week of school, two seconds the second week, four seconds the third week, and so on. The student is aqsked whether she would agree to this weekly homework doubling for the duration of the 36-week school year. Homw much homework in hours would this plan require in week 36?
Click here to see answer by stanbon(57361) |
Question 396677: A math teacher assigns one second of homework the first week of school, two seconds the second week, four seconds the third week, and so on. The student is aqsked whether she would agree to this weekly homework doubling for the duration of the 36-week school year. Homw much homework in hours would this plan require in week 36?
Click here to see answer by ewatrrr(10682)  |
Question 397072: Last year, an internet service provider's fee was $17.99 per month. This year, the same internet service provider charges $19.99 per month. Rounded to the nearest percent, what is the percent of increase for internet service?
Click here to see answer by robertb(4012)  |
Question 397188: Cicily Montague, and author from Paris, sells the movie rights to her book and will recive 600,000 euros at the end of each quarter for the next 4years. Assuming that money is worth 6% compounded quarterly, what is the value of the movie rights?
I have the answer in the back of the book $847.875.843 but i am not coming up with that as the answer i think i am setting the problem up wrong.
Please Help!
Click here to see answer by josmiceli(9686)  |
Question 397195: An executive invested $18,000 in two accounts, one a cash on reserve that yielded 7% simple interest, and the other a long-term certificate paying 11% simple interest. At the end of one year, the two accounts had earned her a total of $1540. How much had she invested in each account?” How do i set this up as an algebra equation?
Click here to see answer by josmiceli(9686)  |
Question 397651: $8,000 is invested in two different accounts earning 3% and 4% interest. If the two accounts earn a total of $295 in interest, how much money was invested at 3%?
multiple choice answers:A:$2,500
B:$3,500
C:$5,500
Click here to see answer by 90887896(4)  |
Question 397651: $8,000 is invested in two different accounts earning 3% and 4% interest. If the two accounts earn a total of $295 in interest, how much money was invested at 3%?
multiple choice answers:A:$2,500
B:$3,500
C:$5,500
Click here to see answer by Fombitz(13828)  |
Question 397759: If a vendor charges p dollars each for rugby shirts then he expects to sell
2000 - 100p shirts at a tournament.
a)Find a polynomial R(p) that represents the total revenue when the shirts are p dollars.
b) Find R(5), R(10), and R(20)
I don't understand what they are asking and how to set up the polynomial....please HELP!!!
Click here to see answer by robertb(4012)  |
Question 399271: Suppose you deposit 160 dollars in a savings account that pays an annual rate of 9%.
Interest = (Deposit)(rate)(time),
where the rate is a decimal and time is in
years.
How much interest would you earn in
5 months?
Click here to see answer by rfer(12662) |
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