Questions on Algebra in Finance answered by real tutors!

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Question 1041065: How much do u have to invest for 3 years at 10% interest to earn $345?

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Question 1040174: Factor completely and show a detailed solution
(2x^2 - 4x + 1)^2 - 14x^2 + 28x + 3

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Question 1041132: Percentages
5. From 1982 to 2012, the cumulative U.S. inflation rate was 95%. In 2012, the average price of a decent burger, fries, and a drink was $8.75. Find the equivalent price in 1982 dollars.
____________________

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Question 1041128: Linear Growth
1. A nuclear power plant produces 9 pounds of radioactive waste every month. The radioactive waste is stored in a special storage tank. The tank initially has 16 pounds of radioactive waste in the tank. PN represents the amount of radioactive waste (in pounds) in the storage tank after N months. Thus,
PN = PN − 1 + 9 and P0 = 16.
a) Give an explicit description for PN . ______________________
b) Find P130 .

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Question 1041192: 10. Consider a CD paying 3.6% APR compounded continuously.
Find the future value of the CD if you invest $3250 for a term of four years.

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Question 1041189: Simple Interest
7. Suppose you purchase a six-year muni bond for $6000. The face value of the bond when it matures is $7620. Find the APR.

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Question 1041190: Compound interest
8. Between 2000 and 2011 the average annual inflation rate was 3%. Find the salary in 2000 dollars that would be equivalent to a $50,000 salary in 2011.

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Question 1041193: Consumer Debt
11. Suppose you want to buy a car. The dealer offers a financial package consisting of 6% APR compounded monthly for a term of five years. Suppose that you want your monthly payments to be at most $320. What is the maximum amount you should finance? Give your answer to the nearest dollar.

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Question 1040422: For a car loan using simple interest at a given​ rate, the amount of interest charged varies jointly with the loan amount​ (also known as the​ principal) and the time of the loan​ (in years). If a $10,000 car loan earns ​$1680 in simple interest over 6 ​years, how much interest will a ​$24,000 car loan earn over 7 ​years?
Click here to see answer by rfer(16322) About Me 

Question 1041191: 9. Consider a CD paying 3.6% APR compounded monthly.
a) Find the periodic interest rate
_______
b) Find the future value of the CD if you invest $3250 for a term of four years.
answer A and B

Click here to see answer by Theo(13342) About Me 

Question 1041310: What does the sequence and series which may be formed from the given numbers represent? How would you find the seating capacity that the amphitheater holds if it has ten rows of seats?
Reference: https://s31.postimg.org/8az9z7etn/arth_ref.png

Click here to see answer by ikleyn(52781) About Me 

Question 1041317: What is the sum of the geometric series linked below?
https://s31.postimg.org/upv8rqf7v/gseries.png
A.) 198.4375
B.) 96.875
C.) 196.875
D.) 396.875

Click here to see answer by Theo(13342) About Me 

Question 1041353: I need help on part A and B its confusing.
Linear Growth
1. A nuclear power plant produces 9 pounds of radioactive waste every month. The radioactive waste is stored in a special storage tank. The tank initially has 16 pounds of radioactive waste in the tank. PN represents the amount of radioactive waste (in pounds) in the storage tank after N months. Thus,
PN = PN − 1 + 9 and P0 = 16.
a) Give an explicit description for PN . ______________________
b) Find P130 .
Here we need to find p 130

Click here to see answer by josgarithmetic(39617) About Me 

Question 1041354: Here I need help on part A and B its confusing.
Exponential Growth
2. A population grows according to an exponential growth model. The initial population is P0 = 12, and the common ratio is 1.5.
a) Give an explicit description for the population sequence PN . ____________________
b) Find P9
____________________

Click here to see answer by ikleyn(52781) About Me 

Question 1041357: Here I need help on parts A thru e its confusing.
Fibonacci Numbers
1. Compute the value of each of the following:
a) F14 ______________________
b) F14  1 _______________
c) F14  1 _______________
d) F14 / 2 _______________
e) F14/ 2 _______________

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Question 1041346: One third of a number exceeds its one-fifth by 6.what is the number?
Click here to see answer by ikleyn(52781) About Me 

Question 1041387: Determine whether the events E and F are independent or dependent. Justify your answer.
A) E. A person having a high GPA
F. The same person being highly organized

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Question 1041433: Please help me find the correct equation for this nth root term.
200, 50, 12.5 ...
Equations: https://s32.postimg.org/qwubiv651/eq1.png

Click here to see answer by ikleyn(52781) About Me 

Question 1041419: What are the geometric means between 9 and 144?
A.) 42.75, 76.5, 110.25
B.) 2304, 36864, 589824
C.) 18, 36, 72
D.) 27, 81, 243

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Question 1041259: I need help with part A and B.
12. The Smiths are refinancing their home mortgage to a 15-year loan at 5.25% annual interest compounded monthly. Their outstanding balance on the loan is $95,000.
a) Under their current loan, the Smiths’ monthly mortgage payment is $1104. How much will the Smiths be saving in their monthly mortgage payments by refinancing? (Round your answer to the nearest dollar.)
_____________________
b) How much interest will the Smiths pay over the life of the new loan?
_____________________

Click here to see answer by Theo(13342) About Me 

Question 1041499: Fibonacci Numbers
I need help on part A and B.
2. Given that F32 = 2,178,309 and F34 = 5,702,887,
a) find F33 _______________
b) find F35 _______________


Click here to see answer by Edwin McCravy(20055) About Me 

Question 1041500: 3. Determine which of the following two rules (I or II) is an equivalent formulation of the recursive rule for Fibonacci numbers:
I) FN- 1 - FN = FN +1 , N > 1
II)FN +1 - FN = FN - 1 , N > 1

Click here to see answer by Edwin McCravy(20055) About Me 

Question 1041554: Which answer choice best describes the probability distribution shown below?
https://s32.postimg.org/dvx2n04hh/math1.gif
A.) positively skewed
B.) negatively skewed
C.) normally distributed
D.) continuous probability distribution

Click here to see answer by Boreal(15235) About Me 

Question 1041501: I need help on parts A-c.
4. Consider the following sequence of equations involving Fibonacci numbers:
2(2) – 3 = 1
2(3) – 5 = 1
2(5) – 8 = 2
2(8) – 13 = 3
2(13) – 21 = 5
…
…
a) Write down a reasonable choice for the sixth equation in this sequence: __________________________
b) Find the subscript that will make the following equation true.
2(F? ) - F15 = F12 ______
c) Find the subscript that will make the following equation true:
2(FN +2 ) - FN +3 = F? _________

Click here to see answer by solver91311(24713) About Me 

Question 1041612: A caterer made an ice cream punch by combining fruit juice that cost $4.50 per gallon with ice cream that cost $8.50 per gallon. How many gallons of each were used to
make 100 gal of punch costing $5.50 per gallon?


Click here to see answer by josgarithmetic(39617) About Me 

Question 1041464: The International Silver Strings Submarine Band holds a bake sale each year to fund their trip to the National Sasquatch Convention. It has been determined that the cost in dollars of baking x cookies is
+C%28x%29+=+0.1x+%2B+17+
and that the demand function for their cookies is
+p+=+13+-+0.01x.+
How many cookies should they bake in order to maximize their profit?
If you can just help me understand how I can make this into a 2nd degree polynomial, I can figure it out from there. I'm just having issues getting from point A to point B.

Click here to see answer by Fombitz(32388) About Me 

Question 1041735: A tree is broken off at a height of 5 m from the ground and its top touches the ground at 12 m from the base of the tree. Find the original height of the tree.
Click here to see answer by josgarithmetic(39617) About Me 

Question 1041786: Find the values of a^2+b^2 and a^4+b^4 when a+b =5and ab=4.
Click here to see answer by Edwin McCravy(20055) About Me 

Question 1041798: Find the number k>0 such that the region bounded by the curves y=x^2 and y=kx has area 6 square units.

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Question 1041796: find the number k>1 such that the region bounded by the curves y=1, y=x^-2, and x=k has area 6 square units.

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Question 1041811: The volume of a cubical box is 0.064m^3. Find the length of each edge.
Click here to see answer by ikleyn(52781) About Me 

Question 1041785: The boys of a school can be arranged in 12,15 and 18 equal rows and also
into a solid square. What is the least number of boys that the school can have?

Click here to see answer by ankor@dixie-net.com(22740) About Me 

Question 1041812: What is the smallest number by which 26244 must be
divided to give a perfect cube? Also find the cube
root of the quotient.

Click here to see answer by Edwin McCravy(20055) About Me 
Question 1041812: What is the smallest number by which 26244 must be
divided to give a perfect cube? Also find the cube
root of the quotient.

Click here to see answer by robertb(5830) About Me 

Question 1041762: An underwater diver carries an oxygen tank of dimension 75cm*32cm*22cm.
If he consumes 3/4 liter of air every minute
How long will he be able to remain under water?

Click here to see answer by Fombitz(32388) About Me 

Question 1041782: A bicycle dealer allows 10% discount and still makes a profit of 20% on his bicycle.
If the total profit he makes is rs 150 find the list price of the cycle.

Click here to see answer by jorel555(1290) About Me 

Question 1041776: A trader marked his goods at 20% above the cost price. If he allows his
Customer a 10% discount,find his profit percent.

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Question 1041761: If 128mm of rain fell on a given day, what volume of water would. pour into a
cubical tank of side 2 sqm.

Click here to see answer by ikleyn(52781) About Me 

Question 1041775: The tile cost rs 8.50 each. How much will
he save by paving the terrace with plain
square tiles that measure 17.5 cm and cost the same?

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Question 1041758: A farmer can plough 38 ares in a day. His
field measures 3.01 hectares, but he wants to leave aside a 50m*40m plot
to build a warehouse. How many days
will he take to plough the field?

Click here to see answer by ankor@dixie-net.com(22740) About Me 

Question 1041834: Melissa has a piggy bank filled with pennies and quarters, the piggy bank has a total of 300 coins in it and the total value of coins is $45 help Melissa figure out how many pennies and how many quarters are in her piggy bank by answering the following questions
1) let "p" equal the number of pennies and "q" equal the number of quarters. what equation represents the fact that the piggy bank has a total of 300 coins in it?
2) again, let p equal the number of pennies and q equal the number of quarters. What equation represents the fact that the total value of the coins in the piggy bank is $45.
3) solve the equation from question 1. What do you get?

4) use substitution by plugging in the value for question 3 into the equation from question 2. What is the new equation that you get

Click here to see answer by stanbon(75887) About Me 

Question 1041828: A poll asked people to name the most serious problem facing the country. forty-three percent of the 900 randomly selected people said crime. What is the margin of error? Round to four decimal places.
A.) 0.0165
B.) 0.0330
C.) 0.0261
D.) 0.0523

Click here to see answer by jim_thompson5910(35256) About Me 

Question 1041903: If 128mm of rain fell on a given day. What volume of water would pour into a
cubical tank of side 12 sqm.

Click here to see answer by Alan3354(69443) About Me 

Question 1041905: A bicycle dealer allows 10% discount and still makes a profit of 20% on his bicycle.
If the total profit he makes is rs. 150,find the list price of the bicycle.

Click here to see answer by josmiceli(19441) About Me 

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