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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 477206: Find the annual percentage rate for an investment that earns 6% per year, compounded quarterly
Click here to see answer by stanbon(57395)

Question 477222: There are approximately 18000 bacteria in a culture, and the bacteria have a relative growth rate of 75% per hour
Click here to see answer by Alan3354(30993)

Question 477219: A population of rabbits grows in such a way that the population t days from now is given by

a) How many rabbits will there be after 4 days?
b) How many rabbits will there be after 3 weeks?
Click here to see answer by solver91311(16897)

Question 477400: The student council of Sta. Lucia High School needed 2,500.00 for an annual trip. If five more members joined the group, each members would then save 5.00. How many students planned to make the trip?
Click here to see answer by josmiceli(9697)

Question 477706: Kyle earned a total of $12500 for drawing 5 pictures. The money he received for each picture was $28 more than the money he received from the previous picture. In other words, he was paid $28 more for the second picture than the first, $28 more for the third than the second, and so forth. How much was he paid for the 1st picture?
Click here to see answer by Mathmama(2)

Question 477757: rose invested part of her money at 8% per year and twice of that amount at 5% per year. if the returns last year from the two investments were 7200 how much did rose invest at each rate?
Click here to see answer by mananth(12270)

Question 478109: If $ 2500 is invested in an account that pays interest compounded continuously, how long will it take to grow to $ 5000 at 3%? Round to the nearest tenth.
Click here to see answer by lwsshak3(6522)

Question 478670: You buy six bags of wild bird food to fill the feeders in your yard. Oyster shell grit sells for $4.00 a bag and sunflower seeds sell for $4.45 a bag. If you spend $25.80, how many bags of each type are you buying? (hint: write a linear system and solve)
Click here to see answer by lwsshak3(6522)

Question 478801: MS. SIM PAID 55 DOLLARS FOR A SKIRT AND 2 BLOUSES. THE SKIRT COST 5.50 DOLLARS MORE THAN EACH BLOUSE. FIND THE COST OF THE BLOUSE
Click here to see answer by mananth(12270)

Question 478806: pls. help me solve this prob. tnx.

bryan paid a total of 135.40 for a pair of shoes, a belt and a wallet. The belt cost 18.90 dollars more than the wallet. The wallet cost 1/3 as much as the pair of shoes. Find the cost of the wallet.

Click here to see answer by nerdybill(6963)

Question 478805: pls. help me solve this prob. tnx.

sam paid 30 dollars for 4 markers and 3 files. A marker cost 1.60 dollars less than a file.
a. find the cost of each marker
b. find the cost of each file

Click here to see answer by nerdybill(6963)

Question 478788: pls. help me solve this prob. tnx.

1. ana traveled at a constant speed of 60km/hr. she traveled 36 km in morning and 1/6 of the remaining jpurney in the afternoon. after that, she had of the journey left. find the total time she would take to complete the whole journey

Click here to see answer by ankor@dixie-net.com(15661)

Question 478765: Nangula wishes to invest 5000 pounds for 10 years. three banks offer different terms for the investment. Bank A pays simple interest of 6% per annum. Bank B pays interest of 5% compounded per annum. Bank C pays compound interest of 4%, but paid on a 6 monthly basis. Calculate how much the investment will be worth for each bank at the end of 10 years.
Click here to see answer by rfer(12670)

Question 478968: 2 Isabel is a saleswoman. She is paid a base salary of $1300 a month plus a 3% commission on the sales she makes. What was her sales amount last month if she earned a total of $1773.67 ?
Click here to see answer by rfer(12670)

Question 479263: How can $70,000 be invested, part at 4% annual simple interset and the remainder at 10% annual simple interest so that the interest earned by two accounts is equal at the end of the year?
Click here to see answer by stanbon(57395)

Question 479668: Assuming you currently meet your monthly expenses with no left over to speak of, how much
more money a month do you need to make in order to pay off your loan in 20 years instead of
25? Is this reasonable?
Click here to see answer by Alan3354(30993)

Question 480751: Forty parcent of the fuel was consumed. If 1215gallons of fuel remain, how much fuel was present initially?

Click here to see answer by algebrahouse.com(1079)

Question 481029: Could you please help me solve this problem?-
A total of 10,000 is invested in two funds paying 5% and 7% annual intrest. The combined annual interest is $630. How much of the $10,000 is invested in each fund?
Click here to see answer by MathLover1(6638)

Question 481106: If Jose buys 15 apples and 20 oranges, his Php 500 is just enough. But if she buys 10 apples and 26 oranges, he will have Php 40 more for snacks. Find the cost of the apple.
Click here to see answer by mananth(12270)

Question 481134: If I invest $20,000 annually for 20 years at an annual interest rate of 8%, how much will the investment be after 20 years?
Click here to see answer by Theo(3464)

Question 481274: how do you solve this, "A 6% investment brings an annual return of $28 more in interest than a 5% investment. The total amount invested is $1200. Find two amounts invested"
Click here to see answer by lwsshak3(6522)

Question 481423: Lilly bought 16 socks alltogether for $260. Brand x cost $15 dollars each & brand y cost $20 how many of each type did she buy
Click here to see answer by josmiceli(9697)

Question 481433: How long will it take Rs.20,000 to double if it can be invested at 10 % compounded continuously
Click here to see answer by mathstutor494(95)

Question 481503: I would like an explanation or equation to present to an employee regarding costs of business. Simple equation for how much revenue do we need to bill/invoice @ 15% profit to cover an unexpected expense of $1200.00?
Click here to see answer by jorel1380(2518)

Question 481549: a survey of flower gardeners showed the following:
87 grew roses,
27 grew tulips,
26 grew orchids,
15 grew both roses, and tulips,
11 grew both orchids and tulips,
19 grew both roses and orchids,
8 grew all three types,
7 grew none of these three.
create a venn diagram to reflect the data above, label diagram clearly.
use diagram to answer the questions
a) how many grew only orchids?
b) how many grew both roses and orchids, but no tulips?
c)how many grew only roses.
d) how many grew none of these three, or only tulips?
e) how many flower gardeners were surveyed?
Click here to see answer by Theo(3464)

Question 481940: Hello, If I were to invest $20,000.00 per year for 10 years at 7% with compounding interest how much would I have.
Thanx Dave
astro1468@aol.com
Click here to see answer by solver91311(16897)

Question 482036: Determine how much time is required for an investment to double in value if interest is earned at the rate 6.25% compounded annually?

Can you please show the steps for the problem. I would really appreciate it.
Click here to see answer by jorel1380(2518)

Question 482164: A broker bought shares at a cost of 18759. He reserved 15 shares and sold the rest for 17400 making a gain of 40 per share. How many shares did he buy?
Click here to see answer by edjones(7569)

Question 482232: a total of 10000 is invested in two funds paying 5% and 7% annual intrest. The combined annual intrest is $630. how much of 10,000 is invested into each fund?

Click here to see answer by mananth(12270)

Question 482242: How long will it take for $2000 to double if it is invested at 6.25% interest compounded continuously?
Click here to see answer by stanbon(57395)

Question 482242: How long will it take for $2000 to double if it is invested at 6.25% interest compounded continuously?
Click here to see answer by Alan3354(30993)

Question 482244: A computer is infected with a virus. Assume that it infects 20 other computers within 5 minutes; and that these PCs and servers each infect 20 more machines within another five minutes, etc. How long until 100 million computers are infected?
Click here to see answer by stanbon(57395)

Question 482220: Jason has 50 coins, all in 5 and 1 peso coins, amounting to Php 130.00. How many 5 peso coin does he have?

Click here to see answer by Edwin McCravy(8912)

Question 482941: How much money will be in a bank account after 4 years if $9 is deposited at an interest rate of 5% compounded annually?
Click here to see answer by jorel1380(2518)

Question 482910: If I invested $40,000 at 10% for 20 years how much would I end up with?
Click here to see answer by rfer(12670)

Question 483151: The $500 selling price of a television is $170 less than 3 times the cost
A).find the cost to the merchant
B).find the profit
Click here to see answer by edjones(7569)

Question 483483: if your money is invested at 10%, about how many years will it take to double?
Click here to see answer by jorel1380(2518)

Question 483774: A total of $10,000 is invested in two funds paying 5% and 7% annual interest. The combined annual interest is $630. How much of the $10,000 is invested in each fund?
Click here to see answer by mananth(12270)

Question 484699: A man invested $2000, part at 8% and part at 6%.He earned $144 from his investments. How much did he invest at 8%?
Click here to see answer by stanbon(57395)

Question 484850: $3,000 at 8% for 30 years
(a) Calculate the future amount if the money were invested at simple interest.
Click here to see answer by checkley79(3050)

Question 485282: Find the simple interest rate that Frank Clark is getting, if a principal of $30,000 earns $7,800 interest 4 years.
Click here to see answer by mananth(12270)

Question 485347: the larger of two numbers is 6 times the smaller. Their sum is 147. find the numbers.
Click here to see answer by deborabr(181)

Question 485493: Find the present value of $27000 if the annual interest rate is 5% compounded quarterly for 18 quarters
Click here to see answer by Alan3354(30993)

Question 485514: A 6.5% simple interest loan for 8 months had an interest charge of $234. How much money was borrowed?
Click here to see answer by Theo(3464)

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