Tutors Answer Your Questions about Finance (FREE)
Question 393741: Another confusing word problem:
Of the 407 students in 9th grade, 105 of them ate tacos for lunch. What percent of 9th graders ate tacos?
Would I divide 407 by 105 to get the percent?
Please help.
Thanks!
Click here to see answer by rfer(16322)  |
Question 393740: I have to convert these to miles per hour.
1) A helicopter can travel 2.5 miles in one hour. What is the speed of this helicopter in miles per minute?
2) An ant can travel 25 feet per minute. What is the speed of the ant in miles per hour?
I kind of know how to set it up, i think.
Would you do,
2.5mi
-------- (That's 2.5 mi. over 1 min.)
1 min.
I don't know if that's how your supposed to do it. Don't I have to convert something? I don't know!
Please help!
Thanks!
Click here to see answer by stanbon(75887) |
Question 393740: I have to convert these to miles per hour.
1) A helicopter can travel 2.5 miles in one hour. What is the speed of this helicopter in miles per minute?
2) An ant can travel 25 feet per minute. What is the speed of the ant in miles per hour?
I kind of know how to set it up, i think.
Would you do,
2.5mi
-------- (That's 2.5 mi. over 1 min.)
1 min.
I don't know if that's how your supposed to do it. Don't I have to convert something? I don't know!
Please help!
Thanks!
Click here to see answer by ewatrrr(24785)  |
Question 393740: I have to convert these to miles per hour.
1) A helicopter can travel 2.5 miles in one hour. What is the speed of this helicopter in miles per minute?
2) An ant can travel 25 feet per minute. What is the speed of the ant in miles per hour?
I kind of know how to set it up, i think.
Would you do,
2.5mi
-------- (That's 2.5 mi. over 1 min.)
1 min.
I don't know if that's how your supposed to do it. Don't I have to convert something? I don't know!
Please help!
Thanks!
Click here to see answer by Edwin McCravy(20055)  |
Question 394257: To buy both a new car and a new house, Tina sought two loans totalling $44,980. The simple interest rate on the first loan was 1.8%, while the simple interest rate on the second loan was 1.2%. At the end of the first year, Tina paid a combined interest payment of $679.64. What were the amounts of the two loans?
Click here to see answer by stanbon(75887) |
Question 394909: A university bookstore recently sold a wirebound graph-paper notebook for $2.15, and a college-ruled notebook for $3.43. At the start of spring semester, a combination of 50 of these notebooks were sold for a total of $134.38. How many of each type were sold?
Click here to see answer by mananth(16946)  |
Question 398253: Hi there,
Just wondering if there is a standard formula to use when working with mill rates and house/property taxes. I.e. what would I use to find the mill rate if one's taxes will be raised by $360,000, and the total assessed property value is $7,200,000?
Thanks,
Katelin
Click here to see answer by Alan3354(69443)  |
Question 366594: Buying Equipment Harv, the owner of Harv’s Meats,
knows that he must buy a new deboner machine in 4 years.
The machine costs $12,000. In order to accumulate enough
money to pay for the machine, Harv decides to deposit a
sum of money at the end of each 6 months in an account
paying 6% compounded semiannually. How much should
each payment be?
Click here to see answer by Tiger-T(2) |
Question 401229: 1. find the ordered pair of point "A"
2. which quadrant is point "B" in?
3. Plot (-3,7) and label it point "C".
4. graph the line y=2x-5 on the axes above.
Find the x and y intercepts of the following: do not graph.
5. x-2y=6
6. 2x=3y=27
draw the lines:
7. Slope = -5/5; y intercept (0,4)
8. Slope=2: y intercept (0,-4)
find the slope and y intercept the following:
9. y=-3/8x +7
10. -5x + 7y =2
will have to graph
Please assite me with this problem. stuck on it. thanks
Click here to see answer by richard1234(7193)  |
Question 401830: The question I'm having trouble solving is: Anne took three friends out to dinner and paid a total bill of $54.30, which included 6% in taxes and a 15% tip (on the cost of the meals). What was the cost of the meals before tax and tip? I understand that you will have to multiply 54.30 by something in relationship with the 15% and the 6% but I'm stuck on which number it is that I should multiply 54.30 by. All help is appreciated! Thank you.
Click here to see answer by scott8148(6628)  |
Question 402059: A student has two loans totaled $45,000. The interest of one loan is 5.1% and the interest of the other loan is 3.8%. After one year, the student has paid $1953.10 in interest. What was the amount of each loan?
Click here to see answer by mananth(16946) |
Question 401950: I'm not exactly sure what this type of math is called, but I'm doing it to learn the purpose of financing. What is 2x + 3y = 12? Please break it down as much as possible if your able to. I want to understand each step.
Click here to see answer by sofiyac(983)  |
Question 404076: Truck rite rentals rents trucks at a daily rate of $49.95 plus 39cents for any extra mile. Concert productions has budgeted $100. for renting a truck to haul equipments to an upcoming concert.How far can they travel in one day and stay within their budget
Click here to see answer by stanbon(75887) |
Question 404377: Axia College Material
Appendix C
Starting a Business
Starting your own business can be exciting and daunting at the same time. Businesses use math when managing finances, determining production levels, designing products and packaging, and monitoring labor. A bakery can be a highly profitable and rewarding business. During this activity, you will apply the skills from Ch. 1 & 2 to navigate some of the issues facing bakery owners.
Application Practice
Answer the following questions. Use Equation Editor when writing mathematical expressions or equations. First, save this file to your hard drive by selecting Save As from the File menu. Click the white space below each question to maintain proper formatting.
1. You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budget consists of an $80,000 loan from your family and a $38,250 small business loan. These loans must be repaid in full within 10 years.
a. What integer would represent your total budget? $118,250
b. You will use 25% of your budget to rent business space and pay for utilities. Write an algebraic expression that indicates how much money will be spent on business space and utilities. Do not solve.
c. How much money will rent and utilities cost? Explain how you arrived at this answer.
d. Imagine an investor has increased your budget by $22,250. The investor does not need to be repaid. Rather, he becomes part owner of your business. Will the investor contribute enough money to meet the cost of rent and utilities? Support your answer and write an equation or inequality that illustrates your answer.
e. This equation illustrates your remaining funds after paying for rent and utilities. How much money is left? Explain how you arrived at your answer.
$38,250 + $80,000+ $22,250-0.25($80,000 + $38,250) =
¬
2. You are trying to decide how to most efficiently use your oven. You do not want the oven running at a high temperature when you are not baking, but you also do not want to waste a lot of time waiting for the oven to reach the desired baking temperature.
The instruction manual on the industrial oven suggests the oven temperature will increase by 45 degrees Fahrenheit per minute. When the oven is initially turned on, the temperature is 70 degrees Fahrenheit. What will the temperature of the oven be after 7 minutes? Write an expression and explain how you arrived at your answer.
3. In your industrial oven, you bake two baking sheets with 12 scones each, two baking sheets with 20 cookies each, and one baking sheet with 2 scones and 10 cookies.
a. Write an expression that illustrates the total cost of all baked goods in the scenario above using the variable s to represent the cost of scones, and the variable c to represent the cost of cookies. Simplify your expression by combining like terms.
b. Imagine you have decided to price the scones at $2.28 each and the cookies at $1.19 each. How much total revenue would result from selling all the scones and cookies baked in the oven at one time?
c. Yesterday your store earned $797.30 just from the sale of cookies. Write and solve an equation that represents how many cookies were sold.
4. Your profit P is determined by subtracting the cost C, the amount of money it costs to operate a business, from the revenue R, the amount of money you earn from selling your product. Profit can be represented algebraically by the equations:
Profit = Revenue - Cost
OR
P = R - C
a. Rewrite the formula to solve for C.
b. Imagine your profit for 1 day is $1,281, and the cost of running the business for the day is $1,463. What is the revenue for that day? Explain your answer.
5. When managing a business, it is important to take inventory of where your money is spent. You have a monthly budget of $5,000. Refer to the table below and answer the questions that follow. Round your answers to the nearest tenth of a percent.
Category Cost Percentage
Labor $1,835
Materials 18%
Rent and utilities 25%
Miscellaneous $1,015
Total $5,000 100%
a. What percentage of the total monthly budget is spent on labor?
b. What percentage of the total monthly budget is spent on miscellaneous items?
c. How much do materials cost monthly?
d. How much do rent and utilities cost monthly?
Click here to see answer by richard1234(7193) |
Question 406398: Phyllis invested 23000 dollars, a portion earning a simple interest rate of 4 percent per year and the rest earning a rate of 6 percent per year. After one year the total interest earned on these investments was 1120 dollars. How much money did she invest at each rate?
Click here to see answer by rfer(16322) |
Question 408926: Could someone please show me how to do this problem? The electricity costs of a business increased from $10,000 one year to $13,000 the next. To the nearest whole percent, what was the rate of increase?
A) 31% B) 30%
C) 24% D) 60%
Click here to see answer by nerdybill(7384)  |
Question 408926: Could someone please show me how to do this problem? The electricity costs of a business increased from $10,000 one year to $13,000 the next. To the nearest whole percent, what was the rate of increase?
A) 31% B) 30%
C) 24% D) 60%
Click here to see answer by shafqatlaghari(2) |
Question 409020: Please help with solving these inequalities! They're SO confusing to me! I know you have to flip the inequality when it's a negative or something like that, but i just don't know how to go about it!
1) -1 > -x + 3
2) -7 - 2m >(or equal to)-9
3) a
--- <(or equal to)9
-3
Thanks if you can help! :)
Click here to see answer by checkley79(3341) |
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