Tutors Answer Your Questions about Finance (FREE)
Question 1107868: Mary invested a total of $48,000 in three different bank accounts. One account pays an annual interest rate of 2%, the second account pays 3% annual interest, and the third account pays 4% annual interest. In one year, Mary earned a total of $1,550 in interest from these three accounts. If Mary invested $8,000 more in the account that pays 3% interest than she did in the account that pays 4% interest, find the amount she invested in each account.
Click here to see answer by Boreal(15235)  |
Question 1107894: Mr. Chang wants to retire in 10 years. He deposits $650.00 every three months into his retirement investment account. If the account's interest rate is 7.8% compounded quarterly, how much will he have at the end of 5 years, when 20 quarterly deposits of $650.00 have been made?
Give answer in US dollars and cents rounded to the nearest cent (do NOT enter "$" sign)
Click here to see answer by Alan3354(69443)  |
Question 1107892: What is amount of interest I earned on $4,000 deposited in a savings account with 4% interest compounded annually after 4 years?
Give answer in US dollars and cents, rounded to the nearest cent. Do NOT enter "$" sign
Click here to see answer by rfer(16322) |
Question 1107893: You deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly, and you make no withdrawals from or further deposits into this account for 3 years. How much money is in your account at the end of those 3 years?
Give answer in dollars rounded to the nearest cent. Do NOT enter "$" sign in answer.
Click here to see answer by Alan3354(69443)  |
Question 1107890: Jamie just paid off a loan he took out six months ago at 12% simple annual interest. He paid $3,816.00, which was the sum of the principal and the simple interest accrued over the length of the loan. What was the amount of principal he borrowed?
Give answer in dollars rounded to the nearest cent. Do NOT enter "$" sign in answer.
Click here to see answer by stanbon(75887) |
Question 1108164: A truck travels along a straight, level road at the speed of 100ft/sec. when the driver is forced to apply the breaks to avoid an accident. If the truck undergoes a constant deceleration of 19ft/sec^2, how far does the truck travel before coming to a complete stop?
Click here to see answer by Alan3354(69443)  |
Question 1108126: a. The PTA placed a trail marker in the ground every four hundred yards. Every nine hundred yards, the PTA set up a water station. What is the shortest distance a runner will have to run to see both a water station and a trail marker at the same location? ( you don't have to answer this question, it just gives you information for the question below).
b. There are 1,760 yards in one mile. About how many miles will a runner have to run before seeing both a water station and a trail marker at the same location? Calculate the answer to the nearest hundredth of a mile/
Click here to see answer by Boreal(15235)  |
Question 1108055: Question 11 options:
In 2003, the owl population P in a park was measured to be 340. By 2007, the population was measured again to be 285. The population changes linearly. Let the input t be years since 2003.
a. Find a formula for the owl population, P. Let the input be years t since 2003.
Click here to see answer by josgarithmetic(39617) |
Question 1108322: Diego sells cars at the local auto dealership and earns an hourly salary plus commission. The amount of money (in dollars), y, he made on Saturday after working x hours is represented by the following equation:
y = 8x + 1,275
What does the slope in the equation represent?
Click here to see answer by ikleyn(52781)  |
Question 1108540: can some one explain to me in the simplest form what it means to simplify and how to simplify with an add of the following question. l am seriously looking for a tutor for l dont want given answers but a teacher/ tutor to guide me.
question 1
Simplify the following expression as far as possible:
2y
2
(x − 1) − 8x
y
2 + 1
Click here to see answer by math_helper(2461)  |
Question 1108547: can some one explain to me in the simplest form what it means to simplify and how to simplify with an add of the following question. l am seriously looking for a tutor for l dont want given answers but a teacher/ tutor to guide me.
question 1
Simplify the following expression as far as possible:
2y^2(x − 1) − 8x(y^2 + 1)
Click here to see answer by math_helper(2461)  |
Question 1108549: can some one explain to me in the simplest form what it means to simplify and how to simplify with an add of the following question. l am seriously looking for a tutor for l dont want given answers but a teacher/ tutor to guide me.
question 6
Suppose an ice cream costs twice as much as a chocolate. If the ice cream costs x rand, how much, in terms
of x, does the chocolate cost?
My answer is x/2
Click here to see answer by math_helper(2461)  |
Question 1108549: can some one explain to me in the simplest form what it means to simplify and how to simplify with an add of the following question. l am seriously looking for a tutor for l dont want given answers but a teacher/ tutor to guide me.
question 6
Suppose an ice cream costs twice as much as a chocolate. If the ice cream costs x rand, how much, in terms
of x, does the chocolate cost?
My answer is x/2
Click here to see answer by Theo(13342)  |
Question 1108548:
can some one explain to me in the simplest form what it means to simplify and how to simplify with an add of the following question. l am seriously looking for a tutor for l dont want given answers but a teacher/ tutor to guide me.
question 1
Simplify the following expression as far as possible:
(3ab^2c^3) ÷ (ab) × (2a^3b^4)
Click here to see answer by math_helper(2461)  |
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