Tutors Answer Your Questions about Finance (FREE)
Question 1054995: a traveller walks a certain distance. Had he gone half km an hour faster, he would have walked it in four fifth of the time; had he gone half a km an hour slower, he would had been 2.5 hours longer on the road. Find the distance
Click here to see answer by Theo(13342)  |
Question 1055137: the price of a coffee has increased by 25% . what percentage of coffee consumption is to be decreased , so that there would be no increase in the expenditure for a household?
answer is 20% ,but how?
Click here to see answer by KMST(5328)  |
Question 1055189: Jan and Stewart Jones plan to borrow $20,000 for a new car. They are trying to decide whether to take out a 4-year or 5-year simple interest loan. The 4-year loan has an interest rate of 6% and the 5-year loan has an interest rate of 6.25%.
a. How much will they pay in interest on the 4-year loan?
A. $4500
B. $4800
C. $5000
D. $5200
b. How much will they repay with the 4-year loan?
A. $24,500
B. $24,800
C. $25,000
D. $25,200
c. How much more interest will they pay with the 5-year loan?
A. $5000
B. $6000
C. $6250
D. $6500
d. If the Jones can get a 5-year loan with 5.75% simple interest, which of the loans is the best deal? (lowest total cost)
A. $25,000
B. $26,000
C. $26,250
D. $26,500
e. How much more interest will they pay with the five-year loan?
A. $1000
B. $1450
C. $1500
D. $2000
f. If the Stewarts can get a 5-year loan with 5.75% simple interest, which of the loans is the best deal?
A. 4-year, 6%
B. 5-year, 5.75%
C. 5-year, 6.25
D. Cannot be determined
Thank you for dedicating some of your time to help me out with my homework. Showing your work is much appreciated. Have a nice day.
Click here to see answer by Boreal(15235)  |
Question 1055191: 1. a. Amy bought a baseball card for
$12. To date, the value of the
card increased by 30%, then
decreased by 15%, and finally
increased by 40%.
Joe bought a baseball card for
$12. To date, the value of the
card decreased by 10%, then
increased by 70%, and finally
decreased by 5%.
Whose card is currently worth
more? by how much? Explain.
b. By about what percent must the
currently lesser-valued card
increase to be of equal value with
the greater-valued card? Round
your answer to the nearest tenth
of a percent.
2. a. Jorge’s family bought a house for
$125,000. To date, the value of
the house increased by 5%, then
decreased by 25%, and finally
increased by 10%.
Gene’s family bought a house for
$125,000. To date, the value of
the house decreased by 5%, then
increased by 15%, and finally
decreased by 20%.
Whose house is currently worth
more? by how much? Explain.
b. By about what percent must the
currently lesser-valued house
increase to be of equal value with
the greater-valued house? Round
your answer to the nearest tenth
of a percent.
May you please show your work? Thank you, and have a great day!
Click here to see answer by addingup(3677)  |
Question 1055236: You have a piece of paper that measures 24 cm by 36 cm. You want to cut out a net that can be folded into a box without a lid. Using whole numbers, find the dimensions of the box which gives the maximum volume.
Click here to see answer by ikleyn(52781)  |
Question 1055431: The average of 10 numbers is 13. The average of the first 6 numbers is 14 and
that of the last 6 numbers is 11. If the sixth number is 1.5 times the fifth number
find the average of those two numbers.
What would be the average of the first four and the last four number.
Click here to see answer by Fombitz(32388)  |
Question 1055454: a farmer has 6 different size containers : 5, 9, 12 , 23,and 45 liters . he has filled some of these containers with sunflower oil and some others with olive oil . he has one empty container and the total amount of the sunflower oil in the container is 4 times the total amount of olive oil in the containers . what is the volume of the empty container ?
a) 5 b) 9 c) 12 d) 15 e) 23
Thank you ...
Click here to see answer by ankor@dixie-net.com(22740)  |
Question 1055459: two classes of high school students take the same test . once class of 20 students had an average score 85% ; the other class of 30 students had an average score of 70% . what is the average score for all students in both classes ?
a) 76% b) 77% c) 78% d) 79% e) 80%
Click here to see answer by Fombitz(32388)  |
Question 1055760: a six-sided die is loaded in a way that each even face is three times likely as each odd face . all even faces are equally likely and all odd faces are equally likely . what is the propability that the outcome of a die roll will be a face showing 3 or less ?
a.5/12 b.5/13 c.5/14 d.5/15 e.5/16
Click here to see answer by Fombitz(32388)  |
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