Tutors Answer Your Questions about Money Word Problems (FREE)
Question 526346: Sung invested his savings in two investment funds. The amount he invested in Fund A was 4 times as much as the amount he invested in Fund B. Fund A returned a 2% profit and Fund B returned a 4% profit. How much did he invest in Fund A, if the total profit from the two funds together was $1440?
I do not get this problem help please?
Click here to see answer by stanbon(69061) 
Question 526658: Kayla currently has an account balance of $2,134.96. She opened the account 12 years ago with a deposit of $1,327.35. If the interest compounds twice a month, what is the interest rate on the account?
Click here to see answer by KMST(3791) 
Question 526816: 1. TIckets for the senior play cost $4 for adults and $2 for students. This year there were 600 tickets sold and the class took in $1900 from ticket sales. How many of each type of ticket were sold.
2 The sume of two numbers is 100. Five times the smaller is eight more than the larger. Find the numbers.
Click here to see answer by Maths68(1474) 
Question 526878: At the time of her grandson’s birth, a grandmother deposits $2000 in an account that pays 2.5% compounded monthly. What will the value of the account be at the child’s twentyfirst birthday, assuming that no other deposits or withdrawals are made during this period?
Click here to see answer by scott8148(6628) 
Question 527235: A rock is projected directly upward from ground level. After t seconds its height is given by f(t)=16t^2+256t(if air resistanc is neglected) After how many seconds will it be 240ft above ground? (remember there are two answers
Why up?
Why Down?
Click here to see answer by josmiceli(13716) 
Question 527235: A rock is projected directly upward from ground level. After t seconds its height is given by f(t)=16t^2+256t(if air resistanc is neglected) After how many seconds will it be 240ft above ground? (remember there are two answers
Why up?
Why Down?
Click here to see answer by Earlsdon(6294) 
Question 528002: Admission to an amusement park is $20, but children under 8 years old are admitted for $5. If 13,900 people were at the amusement park yesterday and they paid a total of $197,000 for admission, how many children under 8 years ol were at the park?
Click here to see answer by Maths68(1474) 
Question 528359: Lesley has a gift card worth $500 for a local entertainment store. Movies cost $20 each and newly released video games cost $50 each. In order to use the gift card, Lesley must purchase at least eleven items. If Lesley wants to spend as much as possible on his gift card by purchasing the most items, which combination of movies and newly released video games is optimal?
A (25, 0)
B (20, 2)
C (15, 4)
D (10, 6)
Click here to see answer by MathLover1(11324) 
Question 528611: Heather returned from the bank with $375. She had one more $20 bill than she had $10 bills. The number of $5 bills she had was one less than triple the number of $10 bills. How many of each denomination did she have?
Click here to see answer by stanbon(69061) 
Question 528713: A salesman makes a commission of x percent on the first Rs. 2,000 worth of sale in any given month and
y percent on all further sales during that month. If he makes Rs. 700 from Rs. 4,000 of sales in October
and he makes Rs. 900 from Rs. 5,000 of sales in November, what is the value of x ?
(A) 2% (B) 5% (C) 10% (D) 15%.
Click here to see answer by mathstutor494(120) 
Question 528898: Find the present value of the following future amount.
$400,000 at 6% compounded quarterly 30 years.
I keep wanting to use the (((P= A/1+rt))) But I can't seem to get the right answer
. . . i don't know how to do the curly braces.
Click here to see answer by solver91311(20879) 
Question 529293: Cliff had a total of $100,000 to invest. He put some of the money in Bank A that paid 4% interest and the rest in Bank B which paid 5% interest. After a year, the amount of interest he earned was $4850. How much money did Cliff invest in Bank A? Also provide a step by step procedure on how to get the answer.
Click here to see answer by josmiceli(13716) 
Question 529847: 5. Find the maximum profit and the number of units that must be produced and sold in
order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in
thousands of dollars and x in thousands of units for
R(x) = 100xx2
C(x) = 1/3 x^36x^2+89x+100
Click here to see answer by stanbon(69061) 
Question 530163: SUPPOSE THAT YOU JUST RECEIVED AN EMAIL
ALERT FROM A WEBSITE INDICATING THAT 4GIGABYTE FLASH
DRIVES HAVE JUST BEEN DISCOUNTED BY 60%. IF THE
SALE PRICE OF THE FLASH DRIVE IS NOW $11.80, WHAT
WAS THE ORIGINAL PRICE?
Click here to see answer by josmiceli(13716) 
Question 531391: Suppose $4000.00 is invested at interest rate K, compounded continuously, and grows to $4943.71 in 6 years:
Find the interest rate.
Find the exponential growth function.
Find the balance after 10 years.
Find the doubling time.
Click here to see answer by stanbon(69061) 
Question 531691: A mother wants to invest $11,000 for her son's future education. She invests a portion of the money in a bank of certificate of deposit (CD account) which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $660.00, how much money was invested in the CD account?
Click here to see answer by scott8148(6628) 
Question 532306: An investor has a total $18,000 deposited in three different accounts, which earn annual interest of 9%, 7%, and 5%. The account deposited in the 9% account is twice the amount in the 5% account. If the three accounts earn total annual interest of $1340, how much money is deposited in each account?
Click here to see answer by stanbon(69061) 
Question 532306: An investor has a total $18,000 deposited in three different accounts, which earn annual interest of 9%, 7%, and 5%. The account deposited in the 9% account is twice the amount in the 5% account. If the three accounts earn total annual interest of $1340, how much money is deposited in each account?
Click here to see answer by mananth(14512) 
Question 532546: I'm having trouble finding the con straights to this problem.(there are 3)
It says there is a gold ore manufacturing company. there are 2 sections that make the ore. Section A costs $20 per ton of ore Section B costs $10. They cannot spend more than $80 and section B cannot make more than section A. How much ore can they make to maximize costs?
What are the con straights?
Click here to see answer by ankor@dixienet.com(18980) 

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