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

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Tutors Answer Your Questions about Money Word Problems (FREE)


Question 53528: If Ben invests $4000 at 4% interest per year, how much additional money must he invest at 5 1/2% annual interest to ensure that the interest he recieves each year is 4 1/2% of the total amount invested?
Click here to see answer by stanbon(26249) About Me 

Question 53529: Helen earns $7.50 an hour at her job, but if she works more than 35 hours in a week she is paid 1 1/2 times her regular salary for the overtime hours worked. One week her gross pay was $352.50. How many overtime hours did she work that week?
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Question 53524: If someone invests $3000 at 5% annual interest and $4000 at 6% annual interest, how much interest do they earn in one year? How many total dollars will they have at the end of the year?
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Question 53526: If someone makes $8 per hour and time and a half for any hours over 40, how much do they make if they work 45 hours one week?
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Question 53581: Natalie has some nickels, Dirk has some dimes, and Quincy has some quarters. I f Natalie gives Dirk a nickel, Dirk gives quincy a dime, and Quincy gives Natalie a quarter, they will have the same amount of money. How many coins did each person have ORIGINALLY!
I am in Algebra 1 Honors and am an A student and normally I at least TRY to figure these things out but this one just frustrated me horribly. I don't realy want the answer. I just want to know HOW to do the problem and set it up. PLEASE HELP!

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Question 53619: Warren has 40 coins (all nickels, dimes, and quarters) worth $4.05. He has 7 more nickels than dimes. How many quarters does Warren have?
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Question 53604: Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what amount of interest would be earned by an investment of $2500.?

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Question 53602: Jo has 37 coins (all nickels, dimes, and quarters) worth $5.50. She has four more quarters than nickels. How many dimes does Jo have?

I am having problems with these money problems. I cannot seem to find a way to set this one up.

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Question 53622: Nadine has seven more nickels than Delano has dimes. If Delano gives Nadine four of his dimes, then Delano will have the same amount of money as Nadine. How much money do they have together? (Assume that Nadine has only nickels and Delano has only dimes.)
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Question 53622: Nadine has seven more nickels than Delano has dimes. If Delano gives Nadine four of his dimes, then Delano will have the same amount of money as Nadine. How much money do they have together? (Assume that Nadine has only nickels and Delano has only dimes.)
Click here to see answer by venugopalramana(3286) About Me 
Question 53622: Nadine has seven more nickels than Delano has dimes. If Delano gives Nadine four of his dimes, then Delano will have the same amount of money as Nadine. How much money do they have together? (Assume that Nadine has only nickels and Delano has only dimes.)
Click here to see answer by stanbon(26249) About Me 

Question 53648: PLEASE HELP ME SOLVE:
BOX HAS TOTAL OF 44 COINS, CONSISTING OF PENNIES, DIMES AND QUARTERS. THE NUMBER OF PENNIES IS EQUAL TO THE NUMBER OF DIMES, AND THE TOTAL VALUE IS $4.37 HOW MANY OF EACH DENOMINATION OF COIN DOES HE HAVE.

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Question 53649: PLEASE HELP SOLVE:
BANK WITH 47 COINS. SOME ARE QUARTERS AND THE REST ARE HALF DOLLARS. IF THE TOTAL VALUE OF THE COINS IS $17.00, HOW MANY OF EACH DENOMINATION DOES SHE HAVE?

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Question 53924: 1.) Sales last month were 4000.00, this month they were 5000.00. Write an equation that shows this using y for sales and x for the month. (this month x=0, last month x=-1, next month x=1 etc... 2.) What will the sales be 4 months from now?
Can someone show me how to work this? Thanks.

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Question 53856: 1.) Sales last month were 4000.00, this month they were 5000.00. Write an equation that shows this using y for sales and x for the month. (this month x=0, last month x=-1, next month x=1 etc... 2.) What will the sales be 4 months from now?
Can someone show me how to work this? Thanks.

Click here to see answer by stanbon(26249) About Me 

Question 54240: I have $69,000.00 to invest for one year. If B rate bonds pay 4 percent per year and CD's pay 13 percent per year, how much money in each fund do I have to invest to obtain $5730.00 after one year.
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Question 54270: Rita invested 11,000 in two savings accounts. One account pays at a rate of 9% per year and the other pays 11% per year. After one year , she has earned a total of 1,150 in intrest. How much did rita invest in each account?
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Question 54283: The second angle of a triangle is 18 degrees more than twice the first. The third angle is three times as large as the second. How large are the angles?
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Question 54282: The price of a car was reduced to 19668. This was a 12% reduction. What was the original price?
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Question 54315This question is from textbook
: Investing: Ms. Jones invested $18,000 in two accounts. One account pays 6% simple interest and the other pays 8%. Her total interest for the year was $1,290. How much did she have in each account.This question is from textbook

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Question 54318: Speed of a Boat. A boat travels 26 miles up a river in the same amount of time it takes to travel 34 miles down the same river. If the current is 2 mph, what is the speed of the boat in still water?
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Question 54319: Investing. John invests twice as much money at 6% as he does 5%. If his investments earn a total of $680 in 1 year, how much does he have invested at each rate?
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Question 54319: Investing. John invests twice as much money at 6% as he does 5%. If his investments earn a total of $680 in 1 year, how much does he have invested at each rate?
Click here to see answer by stanbon(26249) About Me 

Question 54273: If I invest $18,750 in two different accounts and one account earns 12% interest and the other earns 10% interest, and at the end of the year have a total $20,867 (original amount + interest), how much did I invest in each account?
Click here to see answer by checkley71(8405) About Me 
Question 54273: If I invest $18,750 in two different accounts and one account earns 12% interest and the other earns 10% interest, and at the end of the year have a total $20,867 (original amount + interest), how much did I invest in each account?
Click here to see answer by stanbon(26249) About Me 

Question 54340This question is from textbook Elementary and Intermediate Algebra
: The total profit (in dollars) for sales of x rowing machines is given by
P(x)=-0.2x^2+300x-200. What is the profit if 500 are sold? For what value of x will the profit be at a maximum?
This question is from textbook Elementary and Intermediate Algebra

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Question 54374: Nikki paid Dalton $15.50 for a combination of 15 baseball and football cards. The baseball cards were $1.50 each, and the football cards were $0.50 each. How much did Nikki spend on the baseball cards?
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Question 54542This question is from textbook algebra 1
: You receive $5ooo. You decide to invest the money in a one-year bond paying 2% interest and in a one-year certificate of deposit paying 6% interest. Let m represent the amount of money invested in the one-year bond. Write a function that represents the total amount of money T that you have after one year. Simplify the function.This question is from textbook algebra 1

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Question 54549: Peanuts are selling for $2 per pound, and cashews are selling
for $5 per pound. How much of each type of nut would be needed to create
20 lb of a mixture that would sell for $2.75 per pound?

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Question 54549: Peanuts are selling for $2 per pound, and cashews are selling
for $5 per pound. How much of each type of nut would be needed to create
20 lb of a mixture that would sell for $2.75 per pound?

Click here to see answer by wgomero(28) About Me 

Question 54711: Bob invested $20,000, part at 14% and part at 13%. If the total interest at the end of the year is $2,720, how much did he invest at 14%?
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Question 54709: Adult tickets for a play cost $11 and child tickets cost $10. If there were 23 people at a performance and the theater collected $246 from ticket sales, how many children attended the play?
Click here to see answer by checkley71(8405) About Me 
Question 54709: Adult tickets for a play cost $11 and child tickets cost $10. If there were 23 people at a performance and the theater collected $246 from ticket sales, how many children attended the play?
Click here to see answer by tutorcecilia(2042) About Me 

Question 54792: I need some help solving this following problem:
Vicky was charged $836 interest for 1 month on a $4,400 credit card balance. What was the monthly interest rate?
Thanks, Lisa

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Question 54792: I need some help solving this following problem:
Vicky was charged $836 interest for 1 month on a $4,400 credit card balance. What was the monthly interest rate?
Thanks, Lisa

Click here to see answer by funmath(2873) About Me 

Question 55173: HELP ME PLEASE:
The amount A in an account after t years of an initial principle P invested at an annual rate r compounded continuously is given by A=Pe^rt where r is expressed as a decimal. What is the amount inthe account if $5oo is invested for 10 years at the annual rate of 5% compounded continuously?

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Question 55224: Danielle sold her house through an agent who charged her 8% of the selling price.
After the commission was paid,, Danielle received $117,760. If x is the selling price,
then x satisfies
x-0.08x-117,760
Solve this equation.

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Question 55355: An investment of $1500 paid interest of $45 during a certain period. How much interest would an investment of $2000 invested at the same rate for the same length of time pay?
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Question 55336: Please write a pair of equations for each situation.
The math club sold calendars to raise money for new calculaors. Julio sold 6 desk calendars and 10 wall calendars for a total of $100. Tina sold 12 desk calendars and 4 wall callendarsfor a total of $88. Be sure to define your variables.

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Question 55780: A business math textbook lists for $40.00 less 25% and 10%. What is the net cost of the book?

a. $10.00
b. $25.00
c. $26.00
d. $27.00


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Question 55780: A business math textbook lists for $40.00 less 25% and 10%. What is the net cost of the book?

a. $10.00
b. $25.00
c. $26.00
d. $27.00


Click here to see answer by stanbon(26249) About Me 

Question 55777: Mega Corporation had net sales of $225,000 for 2000 and $275,000 for 2001. What was the percent increase in net sales from 2000 and 2001? Round your answer to the nearest tenth of a percent.
a. 22.2%
b. 22.4%
c. 22.6%
d. None of the above


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Question 55779: Harry, Dave, and George are the owners of a liquor store which is organized as a partnership. Harry put up $5,000 to get the store started. Dave put up $8,000 and George put up $2,000. They agree to share profit and loss based on the ratio of their respective initial investments. If the store earns a net profit of $30,000 for the year, how much of the $30,000 will George receive?
a. $2,000.00
b. $4,000.00
c. $6,000.00
d. $8,000.00


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Question 55899: .When x number of units are sold, the price of each unit (in
dollars) is given by P = -X/2 +75 . Find the unit price when the following quantities
are sold: 2, 7, 9, 11.

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Question 56012: what is the difference, money-wise, between a half-dozen dozen dollar bills and six dozen donzen dimes?






Chip and Dale collected 32 acrons on monday and stored them with their acorn supply. After Chip fell asleep, Dale ate half the acorns. This pattern continued through friday night, with 32 acrons being added and half being eaten on saturday morning, chip counted the acrons and found that they had only 35. how many acorns had they started with on monday

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