Tutors Answer Your Questions about Finance (FREE)
Question 536475: What are the factors associated with math that you need to know about in order to obtain a mortgage loan.
List at least three (5) factors and provide a rationale for those you selected.
A bottle of water cost one dollar in Chicago. However, the same bottle of water cost five dollars in the Mojave Desert. Consider the definitions of cost and value and explain the difference as to why the bottle of water in the desert might be more valuable.
Click here to see answer by lovelylady65(2) |
Question 632140: A manufacturer pays its assembly line workers $11.14 per hour. In addition, workers receive a piece work rate of $1.24 per unit produced. Write a linear equation for the hourly wages in terms of the number of units produced per hour.
Click here to see answer by ewatrrr(24785)  |
Question 632198: Charlie earns $4,900 in simple interest on a sum of money invested for 5 years at a 7% interest rate. How much simple interest would he have earned if he had invested the same sum of money for 6 years at a 6% interest rate?
Click here to see answer by graphmatics(170)  |
Question 634490: If you are a company and your fixed cost for producing a product is $55 and you are charging $15 for that product and there is an additional labor cost of $4 per item produced;
Establish an equation to determine revenue,
Establish an equation to determine total cost.
I am confused on how to input the labor cost!
Click here to see answer by stanbon(75887) |
Question 635875: if i dont get bhow to do this alegra and school is about to start how can i learn some before school? I already have a math totur i just dont get how to do it oe why we have to do this in life? all we do is just add and subtract and multuply and maybe didvide i just need help? thanks!!!
Click here to see answer by solver91311(24713)  |
Question 636619: julie and kristen are the partners in a local sporting good shop . they needed $51,000 to start the buisness. they invested in the ratio 5:12 respectively. what percent of the business was owned by Kristen ? if the business grows to $3,000,000 what percent of it will julie own ?
Click here to see answer by stanbon(75887) |
Question 637110: Good day
Can someone help me with this problem
If a construction company purchased a machine in 2010, for the value of
USD 150 000. And we know also that the machine has a constant annual depreciation
of USD 5500. Which is the value of the parameter m (slope)
THANKS
Click here to see answer by ewatrrr(24785)  |
Question 637351: a)A trust fund for childs education is being set up by a single payement so that at the end of 15 years,there will be $72,000,000.If the fund earns interest at the rate of 6% compounded semi anually,how much money should be paid into the fund initially?
b)suppose A owes B two sums of money;$300,000 due in two years and $1,800,000 due in 5 years.if A wishes to pay off the total debt now by a single payement,how much should the payement be?Assume an interest rate of 12% compounded quarterly.
Click here to see answer by rfer(16322) |
Question 638399: Hello Sir/Mame, I would be grateful for any assistance regarding the following question.
'In my pocket, I have some 20 cent coins and 50 cent coins. I have seven more 50 cent coins than 20 cent coins and have a total of $16.10. how many of each coin do I have?'
My teacher would like me to use algebra as a replacement of 'Trial and Error'
Thank you!
Sash Lack
Click here to see answer by josmiceli(19441)  |
Question 638451: Dear Sir/Mame, any assistance in the following question will be gratefully taken.
'Marty buys some stamps. He buys 50 cent and 75 cent stamps to the value of $12.50. Altogether, he buys 21 stamps. How many of each type of stamp does he buy?
Thank You,
Kind Regards,
Sash Lack
Click here to see answer by MathTherapy(10552)  |
Question 638451: Dear Sir/Mame, any assistance in the following question will be gratefully taken.
'Marty buys some stamps. He buys 50 cent and 75 cent stamps to the value of $12.50. Altogether, he buys 21 stamps. How many of each type of stamp does he buy?
Thank You,
Kind Regards,
Sash Lack
Click here to see answer by lwsshak3(11628) |
Question 643642: Can you PLEASE help with this math problem...
YOUR WAGES ARE $8.50 PER HOUR WITH "TIME AND A HALF" FOR HOURS WORKED OVER 40HOURS IN A WEEK. YOUR BREAK IN THE AM AND IN THE PM IS PAID, BUT YOUR LUNCH BREAK OF 45 MINUTES IS OFF THE CLOCK. YOUR PART OF SOCIAL SECURITY WITHHOLDING IS PRESENTLY 4.2%. HERE ARE YOUR HOURS WORKED IN A WEEK.
DAY CLOCK-IN CLOCK OUT
Mon 7:45AM 4:30PM
TUES 7:25AM 5:10PM
WED 7:25AM 5:20PM
THURS 6:55AM 4:50PM
FRI 7:10AM 6:15PM
SAT 8:10AM 2:25PM
WHAT ARE YOUR GROSS EARNINGS THIS WEEK??
WHAT IS YOUR NET CHECK GOING TO TOTAL IF ONLY YOUR SOCIAL SECURITY PORTION IS TAKEN OUT?
WHAT IS YOUR NET CHECK GOING TO TOTAL IF SOCIAL SECURITY IS TAKEN PLUS 15% FEDERAL TAXES PLUS 2.3% STATE TAXES ARE WITHHELD??
Click here to see answer by solver91311(24713)  |
Question 643637: I am having trouble helping my son with this problem,,CAN YOU PLEASE HELP??
YOU ARE ORDERING PARTS/SUPPLIES FOR A CUSTOMER.THE PRICE YOU WILL CHARGE YOUR CUSTOMER WILL BE A 85%MARKUP OVER WHOLESALE COST PLUS SALES TAX OF 9.1%..LABOR RATES ARE $45/HOUR.YOU WORKED FROM 10:45 AM TO 1:20PM. WHAT WAS THE TOTAL BILL TO THE CUSTOMER??
PART WHOLESALE UNIT COST #UNITS
PART 1 $19.95 1
PART 2 $13.50 3
PART 3 $1.50 12
Click here to see answer by solver91311(24713)  |
Question 644281: A furniture sales man earnes a base salary of $14,000 per year.The sales man also recieves a 7% commission on his sales.If his total sales exceed $500,000 for the year, a bonus of $5000 is paid in December. Last year the sales man reported an income of $55,771 to the IRS. What were his total sales?
Click here to see answer by nerdybill(7384)  |
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