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Tutors Answer Your Questions about Money Word Problems (FREE)
Question 57979: 96. Venture Capital. Henry invested $12,000 in a new restaurant. When the restraint was sold two years later, he received $27,000. Find the average annual return by solving the equation 12,000(1 + r)^2 = 27,000.
Click here to see answer by hayek(51)  |
Question 57997: A furniture store is offering a 35% discount on the price of a discontinued sofa. If the discounted price of the sofa is $637, find the regular price. Show equations and all work. Please help me thank you!
Click here to see answer by rcmcc(152)  |
Question 58109: To meet the governments specifications, an alloy must be 65% aluminum. How many pounds each of a 70% aluminum alloy and a 54% aluminum alloy will be needed to produce 640 pounds of the 65% aluminum alloy?
Any help with this one is appreciated!
Click here to see answer by hayek(51)  |
Question 58155: Marsha has money in two savings accounts. One rate is 8% and the other is 10%. If she has $200 more in the 10% account, how much is invested at 8% if the total interest is $101?
Need a little help with this problem, Thank you!
Click here to see answer by checkley71(8405)  |
Question 58275: Seventy children and 160 adults attended a movie theatre. The total reciepts were $620. One adult ticket and two children tickets cost 7$ Find the price of each type of ticket.
Thanks for your help!
Click here to see answer by faceoff57(65)  |
Question 58319: Michael's Coffee Shop sells a special blend called Mike's Favorite. For the blend, Michael mixes Hazelnut Coffee, which sells for $7.50 per pound, with Cinnamon Coffee, which sells for $6.75 per pound. How much of each flavor must he use to create 10 pounds of Mike's Favorite blend if he sells it for $7.00?
Click here to see answer by Nate(3495)  |
Question 58582: Gary and Adam equally own 2 properties. 1 is valued at $340000 and the other at $420000. Gary is taking the propery valued at $340000. Adam is taking the property valued at $420000. How much money would Adam owe Gary? Is it $40000 or $80000 and how do you arrive at the correct amount?
Click here to see answer by checkley71(8405)  |
Question 58656This question is from textbook
: Henry investe $12,000 is a new restuarant. When the restaurant was sold two years later, he receive $27,000. Find his average annual return by solving 12,000(1+r) = $27,000This question is from textbook
Click here to see answer by funmath(2873)  |
Question 59082: Assuming a continous inflation rate of 3.680% how much did a $200 item today cost 11 years ago?
If inflation continues but at a continuous rate of 2.910% how much will a $200 item cost 5 years from now?
Click here to see answer by rcmcc(152)  |
Question 59081: A) Determine the seventh term of the following geometric sequence?
5 10 20
Write the answer as a single integer value, not an expression.
B) Determine the effective rate for each of the following nominal rates. Express the final answer as percent rounded to 2 decimal places:
1. nominal rate is 3.16% compounded annually
2. nominal rate is 2.99% compounded annually
3. nominal rate is 6.04% compounded quarterly
Click here to see answer by stanbon(26249)  |
Question 59428This question is from textbook 
: Ms. Jordan has been given a loan of $2500 for 1 year. If the interest charged is $275, what is the interest rate on the loan?This question is from textbook 
Click here to see answer by uma(370)  |
Question 59541: A cell phone company charges $34.99 a month for phone service. They also charge $0.48 per minute for long distance calls. If Vanesa's bill at the end of the month is $64.75, how many minutes of long distance calls did she make?
Click here to see answer by josmiceli(3003)  |
Question 59543: Please tell me if I am doing this problem correct This is what I have If the inventor charges 4 dollars per unit the profit for producing and selling x units is given by the function. What is the profit for selling 2000 units and 5000 units and what is the break even point for sales. I used p(x)=2.25x-7000 and 2.25 (50000-7000 and then I divided 7000 by 2.25 to get the break even sales Am I correct? . please show me if this is wrong. Thank you
Click here to see answer by stanbon(26249)  |
Question 59590: Could someone help me solve this problem?
Lane invested $14,000, part at 15% and part at 2%. If the total interest at the end of the year is $1,060, how much did she invest at 15%?
(A) $8,000 (B) $7,000 (C) $6,000 (D) $5,000
Thank you so much,
Lyn
Click here to see answer by funmath(2873)  |
Question 59909: Clara earned $360 in simple interest on a 12-month bank certificate of deposit. If the interest rate had been 3% higher, she would have earned the same amount of money by depositing $1,000 less. How much money did Clara deposit, and what was her interest rate?
Click here to see answer by stanbon(26249)  |
Question 59944: A rental car costs $25 plus afixed charge per mile driven. The total chrge for 210 miles of use was $89. Write an equation for the cost,C(in dollars), in terms of the mile driven x.
Click here to see answer by uma(370)  |
Question 60638: can you please help me whith this problem
64. Minimizing cost. A company uses the formula C(x) = 0.02x^2 – 3.4x + 150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars id the unit cost at its minimum? What is the unit cost at level of production?
Click here to see answer by uma(370)  |
Question 60655: I am having trouble setting these kinds of problems up please show me.
Sally bought three suckers and a bubble gum for $1.75 Jack bought two suckersand four bubble gums for $2.00 what is the cost of each sucker and bubble gum? THANK YOU IF YOU CAN EXLPAIN THIS WHERE ICAN UNDERSTAND IT.
Click here to see answer by uma(370)  |
Question 60948: I seem to have trouble when I am setting up for two unknowns. Can anyone help?
Six cans of soda and two candy bars cost $5.12. At the same prices, 8 cans of soda and 5 candy bars cost $9.86. Find the price per can of soda and price per candy bar.
Thanks for your efforts.
Click here to see answer by checkley71(8405)  |
Question 61329: A cash register had 5 times as many quarters as nickels, two fewer dimes than nickels, and 30 pennies. All together, the cash register contains $8.50 in change. How many nickles are in the cash register?
Click here to see answer by ptaylor(1578)  |
Question 61529: The amount of money that a salesperson makes varies directly as the total amount of sales made. If the salesperson $7,500 for selling a house for $120,000, how much will he or she make if he or she sells a house for $150,000?
Use direct variation to solve problem
Click here to see answer by tutorcecilia(2042) |
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