Tutors Answer Your Questions about Finance (FREE)
Question 1165784: The perimeter of a rectangle is P=2L+2W, where L is the length of the rectangle and W is the width. If the perimeter of a rectangle is 256 feet, and the width of the rectangle is 48 feet, then what is the length of the rectangle?
Click here to see answer by ikleyn(52781)   |
Question 1165782: The formula P=I/RT is used to find the amount of investment when the interest I, and the time of the investment T, as well as the rate R, are known. If I= $100, T= 4 years, and R=10%, then what is the amount of investment?
Click here to see answer by ikleyn(52781) |
Question 1165586: According to Newton’s law of cooling, the temperature of an object changes at a rate proportional to the difference in
temperature between the object and the outside medium. If an object whose temperature is 70OF is placed in a medium whose
temperature is 20O and is found to be 40O after 3 minutes, what will its temperature be after 6 minutes?
a. 25OF b. 28OF c. 31OF d. 34OF
Click here to see answer by MathTherapy(10552)  |
Question 1165884: A farmer has 3 types of animals in his barn: chickens, cows and pigs. The farmer has 80 total animals. Assuming that each chicken has 2 legs and each cow or pig has 4 legs, there are 240 legs in total. If there are as many chickens as there are cows and pigs combined, how many of each type of animal are there?
Click here to see answer by ikleyn(52781) |
Question 1165884: A farmer has 3 types of animals in his barn: chickens, cows and pigs. The farmer has 80 total animals. Assuming that each chicken has 2 legs and each cow or pig has 4 legs, there are 240 legs in total. If there are as many chickens as there are cows and pigs combined, how many of each type of animal are there?
Click here to see answer by Edwin McCravy(20055)  |
Question 1165883: A European Swallow flies into the wind from the castle of Uther Penn Dragon to Camelot while carrying a coconut. He flies 28 miles to Camelot in 2 hours, delivers the coconut and retrieves an identical coconut to carry back to the castle. He travels back the same distance (now with a tail wind) in 1.5 hours. What is the air speed of the laden swallow? What is the velocity of the wind?
Click here to see answer by ikleyn(52781) |
Question 1165808: Two trains leave stations 240 miles apart at the same time and travel toward each other. One train travels at 70 miles per hour while the other travels at 80 miles per hour. How long will it take for the two trains to meet
Click here to see answer by Alan3354(69443)  |
Question 1165947: 1. How much will you have in 10 years if you invest $20,000 at 6% compounded
annually?
2. How much must you invest today at 6% compounded annually so that you will
have $20,000 in 10 years?
3. How much will you have in 10 years if you invest $20,000 at 6% compounded
quarterly?
4. How much must you invest today at 6% compounded quarterly so that you will
have $20,000 in 10 years?
5. How much must you invest today at 6% compounded monthly so that you will
have $20,000 in 10 years?
6. How much will you have in 10 years if you invest $20,000 today at 6%
compounded monthly?
Click here to see answer by ikleyn(52781) |
Question 1165947: 1. How much will you have in 10 years if you invest $20,000 at 6% compounded
annually?
2. How much must you invest today at 6% compounded annually so that you will
have $20,000 in 10 years?
3. How much will you have in 10 years if you invest $20,000 at 6% compounded
quarterly?
4. How much must you invest today at 6% compounded quarterly so that you will
have $20,000 in 10 years?
5. How much must you invest today at 6% compounded monthly so that you will
have $20,000 in 10 years?
6. How much will you have in 10 years if you invest $20,000 today at 6%
compounded monthly?
Click here to see answer by Boreal(15235)  |
Question 1165970: Pedro and Ivan continued bicycling at their original rates, Pedro at 15 miles per hour, and Ivan at 16 miles per hour. After the one hour , Pedro realized he needed to increase his speed to catch Ivan. Pedro assumed Ivan would continue to travel at a rate of 16 miles per hour. At what constant speed from now to the end of the race does Pedro need to travel to tie Ivan at the finish line? Write your answer in feet per minute.
Click here to see answer by ikleyn(52781) |
Question 1165914: Suppose you invest $50 a month for 5 years into an account earning 8% compounded monthly.
After 5 years, you leave the money, without making additional deposits, in the
account for another 25 years. How much will you have in the end?
Click here to see answer by Theo(13342)  |
Question 1165930: It costs Brawn Products $8 to make a particular model of shaver. The fixed costs are $12,000 per month. The shavers are sold to retailers for $25 less trade discounts of 33.5%, 10%.
A. Write down the revenue and cost equations.
Click here to see answer by ikleyn(52781) |
Question 1166040: The senior class at Cedar and the junior and senior classes at Canyon View High Schools planned separate trips to New York City. The students at Cedar rented and filled 1 van and 6 busses with 372 students. Canyon View rented and filled 4 vans and 12 busses with 780 students. Each bus carried the same number of students and each van carried the same number of students. How many students can a van carry? How many students can a bus carry?
Click here to see answer by solver91311(24713)  |
Question 1166039: A European Swallow flies into the wind from the castle of Uther Penn Dragon to Camelot while carrying a coconut. He flies 28 miles to Camelot in 2 hours, delivers the coconut and retrieves an identical coconut to carry back to the castle. He travels back the same distance (now with a tail wind) in 1.5 hours. What is the air speed of the laden swallow? What is the velocity of the wind?
Click here to see answer by ikleyn(52781) |
Question 1166047: Abdol Akhim has just come from a Personal Finance class where he learned that he can determine how much
his savings will be worth in the future. Abdol is completing his two-year business administration degree this
semester and has been repairing computers in his spare time to pay for his tuition and books. Abdol got out his
savings records and decided to apply what he had learned. He has a balance of $1,000 in a money market
account at First Savings Bank, and he considers this to be an emergency fund. His instructor says that he
should have 3-6 months of his total bills in an emergency fund. His bills are currently $700 a month. He also
has a checking account and a regular savings account at First Savings Bank, and he will shift some of his
funds from those accounts into the emergency fund. One of Abdol’s future goals is to buy a house. He wants to
start another account to save the $8,000 he needs for a down payment.
.Questions
1) How much interest will Abdol receive on $1,000 in a 365-day year if he keeps it in the money market account earning
2.25% compounded daily? To answer this question, see table 13-2 at the end of this lab.
Click here to see answer by solver91311(24713) |
Question 1166047: Abdol Akhim has just come from a Personal Finance class where he learned that he can determine how much
his savings will be worth in the future. Abdol is completing his two-year business administration degree this
semester and has been repairing computers in his spare time to pay for his tuition and books. Abdol got out his
savings records and decided to apply what he had learned. He has a balance of $1,000 in a money market
account at First Savings Bank, and he considers this to be an emergency fund. His instructor says that he
should have 3-6 months of his total bills in an emergency fund. His bills are currently $700 a month. He also
has a checking account and a regular savings account at First Savings Bank, and he will shift some of his
funds from those accounts into the emergency fund. One of Abdol’s future goals is to buy a house. He wants to
start another account to save the $8,000 he needs for a down payment.
.Questions
1) How much interest will Abdol receive on $1,000 in a 365-day year if he keeps it in the money market account earning
2.25% compounded daily? To answer this question, see table 13-2 at the end of this lab.
Click here to see answer by ikleyn(52781) |
Question 1166213: A European Swallow flies into the wind from the castle of Uther Penn Dragon to Camelot while carrying a coconut. He flies 28 miles to Camelot in 2 hours, delivers the coconut and retrieves an identical coconut to carry back to the castle. He travels back the same distance (now with a tail wind) in 1.5 hours. What is the air speed of the laden swallow? What is the velocity of the wind?
Click here to see answer by ankor@dixie-net.com(22740)  |
Question 1166213: A European Swallow flies into the wind from the castle of Uther Penn Dragon to Camelot while carrying a coconut. He flies 28 miles to Camelot in 2 hours, delivers the coconut and retrieves an identical coconut to carry back to the castle. He travels back the same distance (now with a tail wind) in 1.5 hours. What is the air speed of the laden swallow? What is the velocity of the wind?
Click here to see answer by Alan3354(69443) |
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