Tutors Answer Your Questions about Finance (FREE)
Question 1177655: The seventh grade class is building a mini-golf game for the school carnival. The end of the putting green will be a circle. If the circle is 10 feet in diameter, how many square feet of grass carpet will they need to buy to cover the circle?
Click here to see answer by ikleyn(52781)   |
Question 1177683: Out of pocket costs for an investment are $50,000. The net profit each year is $17,132. This investor's ROI is ___ percent (rounded to the nearest two decimal places).
Can you please explain this to me by showing step by step with the calculations?
Homework question from Hans Beauvoir
Click here to see answer by MathLover1(20849)  |
Question 1177707: steven just deposited $10,000 in a bank account that has a 12 percent nominal interest rate, and the interest is compounded monthly. steven also plans to contribute another $10,000 to the account one year (12 months) from now and another $20,000 to the account two years from now. how much will be in the account three years (36 months) from now?
Click here to see answer by Theo(13342)  |
Question 1177702: 2-Burger Shack claims that the mean number of grams of fat, ยต, in its Lotta Burger is 24 grams with a standard deviation, ฯ, of 5 grams.
If a sample of 50 Lotta Burgers is taken,
a- what is the probability that the sample mean is 25 grams or more?
b- what is the probability that the sample mean is between 25 grams and 27 grams?
Click here to see answer by Boreal(15235)  |
Question 1177852: If 36600 dollars is invested at an interest rate of 8 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent.
a. annually$____
b. semiannually$_____
c. monthly$______
d. Daily$_______
Click here to see answer by Boreal(15235) |
Question 1177852: If 36600 dollars is invested at an interest rate of 8 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent.
a. annually$____
b. semiannually$_____
c. monthly$______
d. Daily$_______
Click here to see answer by ikleyn(52781) |
Question 1177850: you expect to receive $1,000 at the end of each of the next 3 years. you will deposit these payments into an account which pays 10 percent compounded semiannually. what is the future value of these payments, that is, the value at the end of the third year?
Click here to see answer by MathLover1(20849) |
Question 1177850: you expect to receive $1,000 at the end of each of the next 3 years. you will deposit these payments into an account which pays 10 percent compounded semiannually. what is the future value of these payments, that is, the value at the end of the third year?
Click here to see answer by ikleyn(52781) |
Question 1177895: Two students were asked to determine the non-permissible value(s) for the rational expression.
(2x-5)/(4x^2-10x)
Student A says that the non-permissible value is 0 and Student B says that the non-permissible
values are 0 and 5/2
Which student is correct? Explain your answer. (2 marks)
Click here to see answer by ikleyn(52781) |
Question 1177892: Kailey is making earrings to sell at a local market. She spends $80 on supplies and decides to keep 4 pairs of earrings to give to her friends. Kailey sells the rest of the earrings she made for $175, making a profit of $9 per pair of earrings.
If n represents the number of pairs of earrings Kailey made, then an equation that represents this information is:
9=(175/n-4)-(80/n)
Identify all restrictions on the variable n in this context. (2 marks)
Click here to see answer by MathLover1(20849) |
Question 1177892: Kailey is making earrings to sell at a local market. She spends $80 on supplies and decides to keep 4 pairs of earrings to give to her friends. Kailey sells the rest of the earrings she made for $175, making a profit of $9 per pair of earrings.
If n represents the number of pairs of earrings Kailey made, then an equation that represents this information is:
9=(175/n-4)-(80/n)
Identify all restrictions on the variable n in this context. (2 marks)
Click here to see answer by ikleyn(52781) |
Question 1177891: Amber has entered a cross-country running series. Each race in the series has a time limit by which runners must complete the course in order to qualify for the next race.
The first race is 9 km long and must be completed in 50 minutes.
After Amber runs the first 5 km, her coach informs her she must increase her speed by 2 km/h for the last 4 km in order to finish the race in 50 minutes.
a.Complete the following chart. (3 marks)
First 5 km Section
Distance (km)
Speed (km/h)
Time (h)
Last 4 km Section
Distance (km)
Speed (km/h)
Time (h)
b.Write and solve a rational equation to determine the speed at which Amber needs to run the last 4 km of the race. Convert time in minutes to time in hours. (2 marks)
Click here to see answer by mananth(16946)  |
Question 1177891: Amber has entered a cross-country running series. Each race in the series has a time limit by which runners must complete the course in order to qualify for the next race.
The first race is 9 km long and must be completed in 50 minutes.
After Amber runs the first 5 km, her coach informs her she must increase her speed by 2 km/h for the last 4 km in order to finish the race in 50 minutes.
a.Complete the following chart. (3 marks)
First 5 km Section
Distance (km)
Speed (km/h)
Time (h)
Last 4 km Section
Distance (km)
Speed (km/h)
Time (h)
b.Write and solve a rational equation to determine the speed at which Amber needs to run the last 4 km of the race. Convert time in minutes to time in hours. (2 marks)
Click here to see answer by MathTherapy(10552)  |
Question 1177940: A manufacturer of downhill and cross-country skis reports that manufacturing time is 3 hours and 7 hours, respectively, per ski and that finishing time is 2 hours for each downhill and 2 hours for each cross-crountry ski. There are only 35 hours per week available for the manufacturing process and 18 hours for the finishing process. The average profit is $62 for downhill ski and $63 for cross-country ski. The manufacturer wants to know how many of each type of ski should be made to maximize the weekly profit.
What are the corner points of the feasible region?
Click here to see answer by ikleyn(52781) |
Question 1177664: If an individual determines that they would like to retire in 20 years with $500,000 as the future value that is in their IRA, which earns 6% compounded monthly, how much money (rounded to the nearest cent) should they be putting away into the account each month?
Please explain to me step-by step with the calculations!
Homework question from Hans Beauvoir
Click here to see answer by Theo(13342) |
Question 1178145: A health insurance company advertises on television, on radio, and in the local newspaper. The marketing department has an advertising budget of $102,400 per month. A television ad costs $2000, a radio ad costs $100, and a newspaper ad costs $500. The department wants to run 88 ads per month, and have as many television ads as radio and newspaper ads combined. How many of each type of ad can the department run each month?
television ads
radio ads
newspaper ads
Click here to see answer by Theo(13342) |
Question 1178164: How many years will it take for $1200 to amount to $2300 if invested at 7 percent compounded quarterly? (Round your answer to 2 decimal places)
I used the following equation and plugged my answers in, but I am unsure of how to solve for the exponent.
S=P(1 + r/f)^(ft)
2300=1200(1+0.07/4)-^(4)(t)
2300=1221^4t
Click here to see answer by Boreal(15235) |
Question 1178164: How many years will it take for $1200 to amount to $2300 if invested at 7 percent compounded quarterly? (Round your answer to 2 decimal places)
I used the following equation and plugged my answers in, but I am unsure of how to solve for the exponent.
S=P(1 + r/f)^(ft)
2300=1200(1+0.07/4)-^(4)(t)
2300=1221^4t
Click here to see answer by ikleyn(52781) |
Question 1178103: Job needs $2000.00 by September 1, 1996 to pay for his tuition. If He 7% simple interest per annum,how much should he invest on February 1, 1996 in other to accumulate the amount required?
Note: Show Principal, Rate and Time when solving
Click here to see answer by Boreal(15235) |
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