Tutors Answer Your Questions about Finance (FREE)
Question 1153886: The annual interest on a $14,000 investment exceeds the interest earned on a $7000 investment by $595. The $14,000 is invested at a 0.5% higher rate of interest than the $7000. What is the interest rate of each investment?
Click here to see answer by ikleyn(52781)   |
Question 1153888: The annual interest on a $9000 investment exceeds the interest earned on an $8000 investment by $47. The $9000 is invested at a 0.3% higher rate of interest than the $8000. What is the interest rate of each investment?
Click here to see answer by ikleyn(52781) |
Question 1153889: Dana has 3 hours to spend training for an upcoming race. She completes her training by running full speed the distance of the race and walking back the same distance to cool down. If she runs at a speed of 10mph and walks back at a speed of 2mph, how long should she plan to spend walking back?
Click here to see answer by josgarithmetic(39617) |
Question 1153889: Dana has 3 hours to spend training for an upcoming race. She completes her training by running full speed the distance of the race and walking back the same distance to cool down. If she runs at a speed of 10mph and walks back at a speed of 2mph, how long should she plan to spend walking back?
Click here to see answer by greenestamps(13200)  |
Question 1153899: A grocery store bought yogurt for $2.60 per container and stored it in two refrigerators. During the night, one refrigerator malfunctioned and ruined 14 containers. If the remaining yogurt is sold for $4.02 per container, how many containers did the store buy if they made a profit of $74.36?
Click here to see answer by ikleyn(52781) |
Question 1154185: The company's competitors we afraid because the company's production increased exponentially. Only five years after the company began its production, the prodiction was 3 times greater than when production began. How many times greater will the production be at the end of 15 years?
Click here to see answer by greenestamps(13200) |
Question 1154195: Mr. Bean paid 3 shots of tequila for 3 ladies. Each shot cost $9. Mr. Bean bought 1 bottle of tequila for his wife and a pack of beer for himself. He paid $177 altogether. Mr. Bean asked Mrs. Bean to pay him back for her bottle of tequila and for his beer. Mrs. Bean paid Mr. Bean a $150. How much Mrs. Bean owes Mr. Bean?
Click here to see answer by josmiceli(19441)  |
Question 1154261: Amira's car is worth $14,890 now and expected to be worth $11,461 in 3 years. Assuming linear depreciation, find a linear depreciation function for this car and estimate its value in 7 years.
What is the linear depreciation function for this car?
f(x)=_______
Click here to see answer by josmiceli(19441) |
Question 1154306: You are producing a commemorative booklet for the 25th anniversary of your church. Ace Printers charges $200 typesetting fee and $0.25 per booklet. Wong printers charges $250 typesetting fee but only $0.20 per booklet. How many booklets must you order for the cost to be the same?what is the cost?
Click here to see answer by josgarithmetic(39617) |
Question 1154332: The toll for a car crossing a certain bridge is 50c. The machines in the 'exact change' lanes accept any combination of coins that total exactly 50c, but they do not accept 1c or 50c coins. In how many different ways can a driver pay the toll in the 'exact change' lane?
Click here to see answer by greenestamps(13200) |
Question 1154319: A truck with 42-in.-diameter wheels is traveling at 55 mi/h.
Find the angular speed of the wheels in rad/min, *hint convert miles to inches & hours to minutes:
How many revolutions per minute do the wheels make? (rpm)
Click here to see answer by josmiceli(19441) |
Question 1154308: John is analyzing the cost of producing two different sensors products at an electronics company.Sensor A uses 5 grams of zinc and requires 3 hours to assemble. The total production cost of sensor A is $54. Sensor B uses 4 zinc but requires 5 hours to assemble. The total production cost of sensor B is $64. How much does it cost the company for gram of this type of zinc? What is the hourly labour cost at this company?
Click here to see answer by ramkikk66(644) |
Question 1154304: Conveyor belt # 1 can move 1,000 boxes in 8 minutes. Conveyor belt #2 can move 1,000 boxes in 7 minutes. If conveyor belt #3 is added and all three are used, the 1,000 boxes are moved in 3 minutes. How long would it take the third conveyor belt alone to do the same job? Round to the nearest whole number if necessary.
Click here to see answer by mananth(16946)  |
Question 1154324: A bicycle with 20-in.-diameter wheels has its gears set so that the chain has a 5-in. radius on the front sprocket and 2-in. radius on the rear sprocket. The cyclist pedals at 120 rpm.
Find the linear speed of the bicycle in in/min (correct to two decimal places).
How fast is the bike moving in mph (to two decimal places)?
Click here to see answer by ankor@dixie-net.com(22740)  |
Question 1154436: The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even.
R(x)=200x-x^2; C(x)=75x+2100; 0 less than or equal to x less than or equal to 100.
The manufacturer must produce ___ units to break even.
Click here to see answer by mananth(16946) |
Question 1154438: A charter flight charges a fare of $300 per person plus $6 per person for each unsold seat on the plane. If the plane holds 100 passengers and if x represents the number of unsold seats, find the following.
A. An expression for the total revenue received for the flight. (Hint: Multiply the number of people flying, 100-x, by the price per ticket.)
B. The number of unsold seats that will produce the maximum revenue.
C.The maximum revenue.
Click here to see answer by ankor@dixie-net.com(22740) |
Question 1154483: The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even.
R(x)=200x-2x^2 C(x)= -x^2+25x+3100 0 less than or equal to x less than or equal to 100
The manufacturer must produce ______ units to break even
Click here to see answer by mananth(16946) |
Question 1154437: The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even.
R(x)=200x-2x^2; C(x)=-x^2+25x+3100; 0 less than or equal to x less than or equal to 100.
The manufacturer must produce ____ units to break even.
Click here to see answer by mananth(16946) |
Question 1154265: . Jose deposits splits $5,000 evenly into 2 savings accounts.
• Account 1 is safer investment and earns on average 4% simple interest.
• Account 2 is riskier but earns on average 3.5% compounded annually.
What are the amounts each account will earn at the end of 3 years in no additional deposits or
withdrawals are made?
Account 1_______________$2800
Account 2_______________$2771.79
Were you surprised by which account earned more?
And One More
Imagine you have invested $800 into a savings account that earns 3.5% interest
compounded annually. What is the balance of your account after 5 years without more
deposits or withdrawals?
Click here to see answer by mananth(16946) |
Question 1154574: Need help solving or formula to solve it. Nancy will pay $10,000 per quarterly at 6-1/2% interest per year compounded quarterly. She will borrow everything but a 10% down payment. Determine how many years it will take to pay off the loan?
Click here to see answer by mananth(16946) |
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