Tutors Answer Your Questions about Finance (FREE)
Question 1019550: 3 - 3 * 6 + 2 = That is 3 subtract 3 multiplied by 6 add 2 equals
I worked it out originally as -17 then by BODMAS as -13 I am now being told it should be 17 I have tried online math apps and THEY ALL GIVE THE ANSWER AS - 13 Are my tutors in error here because I think they are ?
Click here to see answer by richard1234(7193)  |
Question 1019550: 3 - 3 * 6 + 2 = That is 3 subtract 3 multiplied by 6 add 2 equals
I worked it out originally as -17 then by BODMAS as -13 I am now being told it should be 17 I have tried online math apps and THEY ALL GIVE THE ANSWER AS - 13 Are my tutors in error here because I think they are ?
Click here to see answer by Theo(13342)  |
Question 1019737: Hi,
I was having trouble with this particular finance question and was just wondering if I had solved it correctly.
Ally wishes to leave a provision in her will that $7000 will be paid annually in perpetuity to a local charity. How much must she provide in her will for this perpetuity if the interest rate is 6%?
PV= C/r
PV = $7000/.06
PV= $116,666.67
Did I do it correctly?
Thanks.
Click here to see answer by Alan3354(69443)  |
Question 1018273: A school had 90 children. During the day, each child attends 4 classes. Each class has 15 children and 1 teacher. During the day, each teacher teaches 3 classes. What is the smallest number of teachers the school can have?
Click here to see answer by FrankM(1040)  |
Question 1019759: I just wanted to know the steps on how to get the answer because I know the answer is $21,370, but I am unsure of the steps that need to taken.
A perpetuity will pay $1,000 per year, starting 5 years after the perpetuity is purchased. What is the present value of this perpetuity on the date that it is purchased, given that the interest rate is 4%?
I would appreciate your help.
Thanks
Click here to see answer by FrankM(1040)  |
Question 1019822: The bullet train in Japan leaves a station at 5 A.M. and travels north at 50 mph. At 6 A.M., a passenger train leaves on a parallel track and travels north at 55 mph. How long will it take the passenger train to overtake the bullet train?
Click here to see answer by josmiceli(19441)  |
Question 1019822: The bullet train in Japan leaves a station at 5 A.M. and travels north at 50 mph. At 6 A.M., a passenger train leaves on a parallel track and travels north at 55 mph. How long will it take the passenger train to overtake the bullet train?
Click here to see answer by Alan3354(69443)  |
Question 1019795: Rock music accounted for 33.5% of the total sales of recorded music in 1997, and 27.4% of the total sales of recorded music in 2002. Find the average rate of change of the percentage of sales of rock music from 1997 to 2002.
Round to the nearest hundredth of a percent. Note that the percentage sign is already given in the answer, so you do not need to enter it.
The average rate of change is ????% per year.
Click here to see answer by ewatrrr(24785)  |
Question 1019875: Determine the truth value of the following statement.
If n = 4k + 1 for a natural k, then there are an even natural number a and an odd natural number b
such that n = a^2+b^2
Write the converse of this statement and determine its truth value as well.
Click here to see answer by robertb(5830)  |
Question 1020153: What is the formula to calculate how many pieces of a part can be produced in time
Example:
I have an machine running a 10-sec cycle
My machine makes 1-piece per cycle
My machine runs 10-hours
What is the formula to figure out how many pieces I can make in 10-hrs?
Click here to see answer by FrankM(1040)  |
Question 996167: You want to make a statement about the variability in the costs of personnel shelters. After collecting sample data (cost in $K) on 9 shelters you perform some preliminary calculations.
Given the information provided:
[Image Description: Xbar = $47.25K, Summation of (Xi - Xbar)2 =555.50]
Click here to see answer by teqbeau(1) |
Question 1020606: At the conrad bakery plant,200 employees each worked 5 hours overtime this week.each employee has a regular wage of $9.40 an hour. Overtime is paid at a rate of time and a half. How much in overtime will the plant pay this week?
Click here to see answer by Cromlix(4381)  |
Question 1020775: Please help me solve this question
The students of a school decided to beautify the school on Annual Day by fixing colourful flags on the straight passage of the school. They have 27 flags to be fixed at intervals if every 2m. The flags are stored at the position of the middle most flag. Ruchi was given the responsibility of placing the flags. Ruchi kept her books where the flags were stored. She could carry only one flag at a time. How much distance did she cover in completing this job and returning back to collect her books? What is the maximum distance she travelled carrying a flag?
Click here to see answer by rothauserc(4718)  |
Question 1020861: To save for retirement, Karla Harby put $550 each month into an ordinary annuity for 14 years. Intrest was compounded monthly. At the end of the 14 years, the annuity was worth $157,532. What annual rate did she receive?
Click here to see answer by robertb(5830)  |
Question 1021100: Chang's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Chang $4.10
per pound, and type B coffee costs $5.20
per pound. This month's blend used three times as many pounds of type B coffee as type A, for a total cost of $689.50 were used?
Click here to see answer by josmiceli(19441)  |
Question 1020992: Suppose you have a job that pays $5.70 per hour, and you work anywhere from 0 to 40 hours per week. Complete the table that gives the amount of money you will earn in 1 week for working various hours.
HOURS
WORKED PAY
($)
0
10
20
30
40
Click here to see answer by Fombitz(32388)  |
Question 1021400: Celia is the payroll clerk at the spinaca cannery. This week 6 workers each put in 5 hours of overtime. They earn $9.50 an hour. Overtime is paid at double that rate. How much money does celia include in the payroll for overtime?
Click here to see answer by Fombitz(32388)  |
Question 1021455: The sum of three numbers is 16. Twice the smallest is 2 less than the largest, and the sum of the largest and smallest is 11. Use a linear system in three variables to find the three numbers. (Enter solutions from smallest to largest.)
Click here to see answer by Fombitz(32388)  |
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Older solutions: 1..45, 46..90, 91..135, 136..180, 181..225, 226..270, 271..315, 316..360, 361..405, 406..450, 451..495, 496..540, 541..585, 586..630, 631..675, 676..720, 721..765, 766..810, 811..855, 856..900, 901..945, 946..990, 991..1035, 1036..1080, 1081..1125, 1126..1170, 1171..1215, 1216..1260, 1261..1305, 1306..1350, 1351..1395, 1396..1440, 1441..1485, 1486..1530, 1531..1575, 1576..1620, 1621..1665, 1666..1710, 1711..1755, 1756..1800, 1801..1845, 1846..1890, 1891..1935, 1936..1980, 1981..2025, 2026..2070, 2071..2115, 2116..2160, 2161..2205, 2206..2250, 2251..2295, 2296..2340, 2341..2385, 2386..2430, 2431..2475, 2476..2520, 2521..2565, 2566..2610, 2611..2655, 2656..2700, 2701..2745, 2746..2790, 2791..2835, 2836..2880, 2881..2925, 2926..2970, 2971..3015, 3016..3060, 3061..3105, 3106..3150, 3151..3195, 3196..3240, 3241..3285, 3286..3330, 3331..3375, 3376..3420, 3421..3465, 3466..3510, 3511..3555, 3556..3600, 3601..3645, 3646..3690, 3691..3735, 3736..3780, 3781..3825, 3826..3870, 3871..3915, 3916..3960, 3961..4005, 4006..4050, 4051..4095, 4096..4140, 4141..4185, 4186..4230, 4231..4275, 4276..4320, 4321..4365, 4366..4410, 4411..4455, 4456..4500, 4501..4545, 4546..4590, 4591..4635, 4636..4680, 4681..4725, 4726..4770, 4771..4815, 4816..4860, 4861..4905, 4906..4950, 4951..4995, 4996..5040, 5041..5085, 5086..5130, 5131..5175, 5176..5220, 5221..5265, 5266..5310, 5311..5355, 5356..5400, 5401..5445, 5446..5490, 5491..5535, 5536..5580, 5581..5625, 5626..5670, 5671..5715, 5716..5760, 5761..5805, 5806..5850, 5851..5895, 5896..5940, 5941..5985, 5986..6030, 6031..6075, 6076..6120, 6121..6165, 6166..6210, 6211..6255, 6256..6300, 6301..6345, 6346..6390, 6391..6435, 6436..6480, 6481..6525, 6526..6570, 6571..6615, 6616..6660, 6661..6705, 6706..6750, 6751..6795, 6796..6840, 6841..6885, 6886..6930, 6931..6975, 6976..7020, 7021..7065, 7066..7110, 7111..7155, 7156..7200, 7201..7245, 7246..7290, 7291..7335, 7336..7380, 7381..7425, 7426..7470, 7471..7515, 7516..7560, 7561..7605, 7606..7650, 7651..7695, 7696..7740, 7741..7785, 7786..7830, 7831..7875, 7876..7920, 7921..7965, 7966..8010, 8011..8055, 8056..8100, 8101..8145, 8146..8190, 8191..8235, 8236..8280, 8281..8325, 8326..8370, 8371..8415, 8416..8460, 8461..8505, 8506..8550, 8551..8595, 8596..8640, 8641..8685, 8686..8730, 8731..8775, 8776..8820, 8821..8865, 8866..8910, 8911..8955, 8956..9000, 9001..9045, 9046..9090, 9091..9135, 9136..9180, 9181..9225, 9226..9270, 9271..9315, 9316..9360, 9361..9405, 9406..9450, 9451..9495, 9496..9540, 9541..9585, 9586..9630, 9631..9675, 9676..9720, 9721..9765, 9766..9810, 9811..9855, 9856..9900, 9901..9945, 9946..9990, 9991..10035, 10036..10080, 10081..10125, 10126..10170, 10171..10215, 10216..10260, 10261..10305, 10306..10350, 10351..10395, 10396..10440, 10441..10485, 10486..10530, 10531..10575, 10576..10620, 10621..10665, 10666..10710, 10711..10755, 10756..10800, 10801..10845, 10846..10890, 10891..10935, 10936..10980, 10981..11025, 11026..11070, 11071..11115, 11116..11160, 11161..11205, 11206..11250, 11251..11295, 11296..11340, 11341..11385, 11386..11430, 11431..11475, 11476..11520, 11521..11565, 11566..11610, 11611..11655, 11656..11700, 11701..11745, 11746..11790, 11791..11835, 11836..11880, 11881..11925, 11926..11970, 11971..12015, 12016..12060, 12061..12105, 12106..12150, 12151..12195, 12196..12240, 12241..12285, 12286..12330, 12331..12375, 12376..12420, 12421..12465, 12466..12510, 12511..12555, 12556..12600, 12601..12645, 12646..12690, 12691..12735, 12736..12780, 12781..12825, 12826..12870, 12871..12915, 12916..12960, 12961..13005, 13006..13050, 13051..13095, 13096..13140, 13141..13185, 13186..13230, 13231..13275, 13276..13320, 13321..13365, 13366..13410, 13411..13455, 13456..13500, 13501..13545, 13546..13590, 13591..13635, 13636..13680, 13681..13725, 13726..13770, 13771..13815, 13816..13860, 13861..13905, 13906..13950, 13951..13995, 13996..14040, 14041..14085, 14086..14130, 14131..14175, 14176..14220, 14221..14265, 14266..14310, 14311..14355, 14356..14400, 14401..14445, 14446..14490, 14491..14535, 14536..14580, 14581..14625, 14626..14670, 14671..14715, 14716..14760, 14761..14805, 14806..14850, 14851..14895, 14896..14940, 14941..14985, 14986..15030, 15031..15075, 15076..15120, 15121..15165, 15166..15210, 15211..15255, 15256..15300, 15301..15345, 15346..15390, 15391..15435, 15436..15480, 15481..15525, 15526..15570, 15571..15615, 15616..15660, 15661..15705, 15706..15750, 15751..15795, 15796..15840, 15841..15885, 15886..15930, 15931..15975, 15976..16020, 16021..16065, 16066..16110, 16111..16155, 16156..16200, 16201..16245, 16246..16290, 16291..16335, 16336..16380, 16381..16425, 16426..16470, 16471..16515, 16516..16560
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