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

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 Word Problems: Money, Business and Interest Solvers Lessons Answers archive Quiz In Depth

 Question 612964: What is the total amount for an investment of \$100 invested at 3.5% for 8 years and compounded continuously? Click here to see answer by ewatrrr(10682)

 Question 613329: 5% simple interest on \$2000 for 3 yrs Click here to see answer by solver91311(16885)

 Question 613285: If the APR of a savings account is 7.2% and interest is compounded monthly, what is the approximate APY of the account? Click here to see answer by ewatrrr(10682)

 Question 613288: a person plans to invest twice as much in an account that pays 8% annual interest as in an account that pays 13% annual interest. how much will the person have to invest in each account to earn a total of 1885 in one year Click here to see answer by Earlsdon(6287)
 Question 613288: a person plans to invest twice as much in an account that pays 8% annual interest as in an account that pays 13% annual interest. how much will the person have to invest in each account to earn a total of 1885 in one year Click here to see answer by ewatrrr(10682)

 Question 613403: Jack has \$60.00. How many shirts can he buy if each shirt cost \$14.50? Click here to see answer by rfer(12657)

 Question 613660: \$3,600.00 principal earning 5%, compounded annually, after 5 years. Can you help me figure this out? Click here to see answer by ewatrrr(10682)
 Question 613660: \$3,600.00 principal earning 5%, compounded annually, after 5 years. Can you help me figure this out? Click here to see answer by Theo(3464)

 Question 613671: How long does it take a \$2800 investment to double if it's invested at 8% compounded quarterly? Click here to see answer by Theo(3464)
 Question 613671: How long does it take a \$2800 investment to double if it's invested at 8% compounded quarterly? Click here to see answer by ewatrrr(10682)

 Question 613696: JAMES, ASHLEY, AND NICOLE, ALL SIBLINGS VISITING SCENE75, HAVE COLLECTIVELY WON A TOTAL OF 340 REDEMPTION PRIZE POINTS. THEIR MOTHER, KATHY, DECIDES HOW THE POINTS WILL BE SPLIT AMONGST THE THREE CHILDREN. SHE SAYS THAT JAMES AND ASHLEY BOTH BEHAVED VERY POORLY TODAY, THOUGH JAMES BEHAVED EVEN WORSE THAN ASHLEY. KATHY ASKS YOU TO SPLIT THE POINTS SUCH THAT JAMES RECEIVES 40 POINTS FEWER THAN ASHLEY AND THAT ASHLEY RECEIVES 80 POUNTS FEWER THAN NICOLE. HOW MANY POINTS Click here to see answer by josmiceli(9676)
 Question 613696: JAMES, ASHLEY, AND NICOLE, ALL SIBLINGS VISITING SCENE75, HAVE COLLECTIVELY WON A TOTAL OF 340 REDEMPTION PRIZE POINTS. THEIR MOTHER, KATHY, DECIDES HOW THE POINTS WILL BE SPLIT AMONGST THE THREE CHILDREN. SHE SAYS THAT JAMES AND ASHLEY BOTH BEHAVED VERY POORLY TODAY, THOUGH JAMES BEHAVED EVEN WORSE THAN ASHLEY. KATHY ASKS YOU TO SPLIT THE POINTS SUCH THAT JAMES RECEIVES 40 POINTS FEWER THAN ASHLEY AND THAT ASHLEY RECEIVES 80 POUNTS FEWER THAN NICOLE. HOW MANY POINTS Click here to see answer by solver91311(16885)

 Question 613718: a grocery store bought milk for \$2.60 per half gallon and stored it in two refrigerators. During the night, one refrigerator malfunctioned and ruined 12 half gallons. if the remaining milk is sold for \$4.02 per half gallon, how many half gallons did the store buy if they made a profit of \$88.08 Click here to see answer by lwsshak3(6505)

 Question 613861: A worker received a \$10,000 bonus and decided to split it among three different accounts. He placed part in a savings account paying 4.5% per year, twice as much in government bonds paying 5%, and the rest in a mutual fund that returned 4%. His income from these investments after one year was \$455. How much did the worker place in each account? Click here to see answer by mananth(12270)

 Question 613952: how long does it take to double an investment of \$1000 in an account that pays 8% annual interest rate if interest is compounded quarterly? Click here to see answer by unlockmath(1599)

 Question 614070: Stu deposits \$1400 in a savings account that pays 6% interest. How much money will he have after 8 years? Click here to see answer by nerdybill(6958)

 Question 614168: Susan started a job that paid \$30,000 a year. Each year after the first, her salary increased by 4%. what is Susan's salary in his sixth year of employment...? What was the total amount Susan earned in six years...? Help me please... :)(: Click here to see answer by ewatrrr(10682)

 Question 614169: Jhon started a job that paid \$20,000 a year. Each year after the first, he received a raise of \$600. What is jhon's salary in his tenth year of employment...!? What was the total amount jhon earned in ten years...!? ^_^ Click here to see answer by ewatrrr(10682)

 Question 614039: Sally is comparing Sprint to Verizon cell phone rates. Sprint charges \$25.00 per month plus and .10 per minute for the use of the phone. Verizon charges \$10.00 per month and .20 per minute for the use of the phone. How long per month would Sally have to use her phone to make Sprint the better choice. A. 51 minutes B. 1 hour 57 minutes C. 2 hours 31 minutes D. 5 hours 51 minutes Could someone please help me with this math problem? Click here to see answer by ankor@dixie-net.com(15651)

 Question 614279: calculate the amount of interest on a loan of \$6,400 at 7% interest for 90 days using the ordinary interest method. Click here to see answer by rfer(12657)

 Question 614353: Suppose you invest \$ 1700 at an annual interest rate of 7.5% compounded continuously. How much will you have in the account after 2.5 years. I have this so far. A=pe^rt A=1700e^(7.5 x 2.5) Click here to see answer by nerdybill(6958)

 Question 614485: I want to order T-shirts for my organization. The price is \$15 for each T-shrit and \$10 for shipping. Write an expression for the amount of money this will cost you. If I buy 20 T-shirts, how much will cost me if I have a total of \$145 to spend? Click here to see answer by richwmiller(9135)

 Question 614503: the sunday newspaper cost \$1.50 and the saturday and week papers cost 20 cents per issue delievered how many complete weeks can be purchase for \$70.20 Click here to see answer by rfer(12657)

 Question 614570: Ramon took a collection of color titles from a box. Amelia took 13 titles from his collection and Kelko took half of those remaining. Ramon had 11 left . How many did he he start with? Click here to see answer by ewatrrr(10682)

 Question 614878: The rails of a railroad are 30 feet long. As a train passes over the point where the rails are joined, there is an audible click. The speed of the train in miles per hours is approximately the number of clicks head in how many seconds? Click here to see answer by ankor@dixie-net.com(15651)

 Question 614861: A woman has part of \$4500 invested at 4% and the rest at 6%. If her annual return on each investment is the same, then what is the average rate of interest, which she realizes on the \$4500? Click here to see answer by atul(1)

 Question 614884: The cost of living in each quarter (3 months) increased by 2% over the previous quarter. To the nearest tenth of a percent, to what annual percentage rate of increase does this correspond? Click here to see answer by Alan3354(30993)

 Question 614871: Ms. A owns a house worth \$10000. She sells it to Mr. B at 10% profit. Mr. B sells the house back to Ms. A at a 10% loss. How much money does Ms. A make? Click here to see answer by Theo(3464)

 Question 614867: The wages of 3 men for 4 weeks is \$108. at the same rate of pay, how many weeks will 5 men work for \$135? Click here to see answer by Theo(3464)

 Question 615070: What will the value be in 7 years of \$12,000 deposited into an account earning 3.25% simple interest? I tried to answer... 12000*.0325i = \$390 390 * 7n = \$2730 \$2730 + \$12000 = \$14,730 Click here to see answer by rfer(12657)

 Question 615147: hi can you please, guide me on how to solve this problem please: i am not sure how to set up the equation. this is the problem A company that manufactures bicycles has a fixed cost of \$90000. It costs \$110 to produce each bicycle. The total cost for the company is the sum of its fixed costs and variable costs. First write the total cost, , as a function of the number of bicycles produced, . Don't put commas in your numbers (e.g., enter 10000 instead of 10,000 Click here to see answer by lwsshak3(6505)

 Question 615333: A FAMILY INVEST SIX THOUSAND DOLLARS IN AN ACCOUNT PAYING THREE PERCENT COMPOUNDED MONTHLY. HOW MUCH IS IN THE ACCOUNT AFTER FOUR MONTHS? Click here to see answer by mananth(12270)

 Question 615332: The cost of Austin's phone bill increased by 5% to 62.79. What was the cost of his bill before it increased. Click here to see answer by mananth(12270)

 Question 615453: Two of the top grossing North AMerican concert tours in 2008 were The Police and Madonna. Based on the average ticket prices, it cost a total of \$1297 to buy six tickets for The Police and fice tickets for Madonna. Three tickets for The police and four tickets to Madonna cost a total of \$854. How much did an average ticket cost for each tour? How do I set this up so I can solve? Click here to see answer by dfrazzetto(277)

 Question 615565: Please help me understand the following question: Sam bought a used pickup truck, paying \$2000.00 as a down payment. He still owes 80% of the selling price. What was the selling price of the truck? Thank you. Click here to see answer by Earlsdon(6287)

 Question 615673: how long would it take me to save up 300,000 if i save 5 dollars a day starting today Click here to see answer by Theo(3464)

 Question 615830: Roberto invested some money at 8%, and then invested \$2000 more than twice this amount at 12%. His total annual income from the two investments was \$4720. How much was invested at 12%? Click here to see answer by dragonwalker(72)

 Question 615831: Roberto invested some money at 8%, and then invested \$2000 more than twice this amount at 12%. His total annual income from the two investments was \$4720. How much was invested at 12%? Click here to see answer by scott8148(6628)

 Question 615639: hey, i forgot how to figure out percents and i am trying to figure out how much 14% is in money so i know how much more i have to pay for my i pod touch Click here to see answer by JBarnum(2044)

 Question 616002: Three individuals form a partnership and agree to divide the profits equally. X invests \$40,000. Y invests \$35,000. Z invests \$25,000. If the profits are \$2,700, how much less does X receive than if the profits were divided in proportion to the amount invested? Click here to see answer by dragonwalker(72)

 Question 616015: A computer originally priced at \$1,638 is on sale at 33 ½% off. What is the sale price? Click here to see answer by richwmiller(9135)

 Question 616020: I get \$1.00 each year to correspond with my age (\$1.00 at at 1, \$2.00 at age 2, etc.) each year until age 100. How much \$\$ do I have at 100? Click here to see answer by Alan3354(30993)

 Question 616075: Movie tickets are \$4 for regular admission and \$3 for seniors. On a night where there were 190 people and total sales of \$720, how many regular admission tickets were sold? Click here to see answer by dragonwalker(72)

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