Tutors Answer Your Questions about Finance (FREE)
Question 1146400: The current population of a small city is 29000 people. Due to a loss of jobs, the population is decreasing by an average of 400 people per year. How many years (from now) will it take for the population to decrease to 25800 people?
A) Write an equation you can use to answer this question. Be sure all the numbers given above appear in your equation. Use x as your variable and use no commas in your equation.
The equation is
B) Solve your equation in part [A] for x.
Answer: x=
Click here to see answer by Glaviolette(140)  |
Question 1146414: A closed right circular cylinder 1 m in diameter and 2 m tall is partially filled with water. When lying horizontally, the depth of the water is two-thirds the diameter. How high will the water be when the cylinder is vertical?
Click here to see answer by solver91311(24713)  |
Question 1146414: A closed right circular cylinder 1 m in diameter and 2 m tall is partially filled with water. When lying horizontally, the depth of the water is two-thirds the diameter. How high will the water be when the cylinder is vertical?
Click here to see answer by math_helper(2461)  |
Question 1146524: Tristan and two of his friends purchased tickets to a school play. He paid with a $50.00 bill and received $23.00 in change. If Tristan used a coupon for 25% off, what was the original price for one ticket?
A. $6.75
B. $9.00
C. $12.00
D. $27.00
Click here to see answer by Theo(13342)  |
Question 1146612: Using simple interest, a foundation invests $65,000: a part at 7%, twice that amount at 4%, and the rest at 5.5%. What is the most that the foundation can invest at 4% and be guaranteed $3500 in interest per year?
The foundation can invest at most ____ at 4%.
Click here to see answer by VFBundy(438)  |
Question 1146767: Richard Miyashiro purchased a condominium and obtained a 30-year loan of $191,000 at an annual interest rate of 8.35%. (Round your answers to the nearest cent.)
(a) What is the mortgage payment?
(b) What is the total of the payments over the life of the loan?
(c) Find the amount of interest paid on the mortgage loan over the 30 years.
Click here to see answer by richwmiller(17219)  |
Question 1146770: Alex took clothes to the cleaners three times last month. First, he brought 2 shirts and 2 pairs of slacks and paid $11.96. Then he brought 6 shirts, 3 pairs of slacks, and 2 sports coats and paid $35.39. Finally, he brought 5 shirts and 2 sports coats and paid $20.43. How much was he charged for each shirt, each pair of slacks, and each sports coat?
Click here to see answer by ikleyn(52781)  |
Question 1146641: the mean month electric bill for a complex of apartments is r1800. assuming that the bills are normally distributed with a standard distribution of r250, approximately what percentage of these apartments have monthly bills in excess of r2000
Click here to see answer by Theo(13342)  |
Question 1146793: Richard Miyashiro purchased a condominium and obtained a 30-year loan of $191,000 at an annual interest rate of 8.35%. (Round your answers to the nearest cent.)
(a) What is the mortgage payment?
(b) What is the total of the payments over the life of the loan?
(c) Find the amount of interest paid on the mortgage loan over the 30 years.
Click here to see answer by Boreal(15235)  |
Question 1146852: Aisha plans to invest some of her personal money today in a bank Certificate of Deposit (CD) at an interest rate of 5% compounded annually so she can later have $50,000 available for the purchase of a new heavy-duty pickup 4 years from now. What amount will Aisha need to invest today in order to have adequate funds available in 4 years?
Click here to see answer by ikleyn(52781)  |
Question 1146923: Green River Community College's scholarship fund receives a gift of $ 190000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 3.6 % interest, and stocks pay 7.2 % interest. GRCC invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 8395 , how much was invested in each vehicle?
GRCC invested $ in stocks.
GRCC invested $ in bonds.
GRCC invested $ in CDs.
Click here to see answer by greenestamps(13200)  |
Question 1146944: A weight is suspended from a spring and vibrating vertically according to the equation.
f(t)=25.2sin(3.8t-2.1),where f(t) centimeters is the directed distance of the weight from its central position at t seconds, and the positive distance means above its central position.for what values of t does the weight reach its farthest point below its central position?
Click here to see answer by ikleyn(52781)  |
Question 1146962: Frank wants to invest $4,000 into a savings account. He is trying to choose between two different accounts. Determine how much money Frank would have in 20 years using each of the following accounts. Then highlight which one would be the best.
A 4% interest rate, compounded annually.
A 2% interest rate, compounded quarterly.
Separate question
Click here to see answer by ikleyn(52781)  |
Question 1146962: Frank wants to invest $4,000 into a savings account. He is trying to choose between two different accounts. Determine how much money Frank would have in 20 years using each of the following accounts. Then highlight which one would be the best.
A 4% interest rate, compounded annually.
A 2% interest rate, compounded quarterly.
Separate question
Click here to see answer by richwmiller(17219)  |
Question 1146976: For a biology lab you are looking at the growth of a bacterial colony. If your teacher started with 1 bacterium that grows at a rate of 4% every hour and by 2:15 pm when you have class there are 1200 bacteria, what time did your teacher start the experiment?
Click here to see answer by greenestamps(13200)  |
Question 1147008: A stockbroker has money in three accounts. The interest rates on the three accounts are 7%, 8%, and 9%. If she has twice as much money invested at 8% as she does in 7%, three times as much at 9% as she has at 7%, and the total interest for the year is $200, how much is invested at each rate?
Click here to see answer by ikleyn(52781)  |
Question 1147013: A two motorcycle leave the same place and travelled in opposite directions. If one motorcycle is travelling at 25 mph and the other one is travelling at 30 mph, in how many hours will they be 210 miles apart.?
Click here to see answer by ikleyn(52781)  |
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