Questions on Word Problems: Money, Business and Interest answered by real tutors!

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 916946: X + 9.5% = 6000
How do you work out x?
Click here to see answer by Alan3354(69443)

Question 916953: a man invested 100000. he put part 5% interest. on the other hand, he invested the remainder in bonds with 9% yearly return. How much did he put in the banks if his yearly income from the two investments was 7400?
Click here to see answer by mananth(16946)

Question 917034: Find the term of a loan of $225 at 3.5% if the simple interest is $63.

Click here to see answer by ewatrrr(24785)

Question 911931: Hi I really need your help in solving this Modern Algebra problem. you have to use Cramer's rule to solve the problem. Thank you for your time and efforts. Have a terrific day :) Here is the question?
Who's in control:
On the Election Day after that, the Repugnocratic and Dumican Parties joined forces to Nominate Porky Pig for Boom County Thought-Controller. Meanwhile, the Anarchist ran Nobody.
83% of the Repugnocratic-Dumicans voted for Porky, as did 17% pf the Anarchists; thus Porky got 253 Votes. The remainder of both groups voted for nobody, who thus got 847 votes.
How many Repugnocratic-Duminicans are there in Boom County?
How many Anarchists?

Click here to see answer by lpcruz(7)

Question 917104: Sally, Letitia and Jessica play together on a basketball team At the end of the season, Sally scored 8 more points than Letitia while Letitia had scored twice as many points as Jessica. THe three girls scored a108 points. how many points did each girl score
Click here to see answer by ewatrrr(24785)

Question 917118: How many months will it take until an account will have $4,500 if $2,500 is invested now at 15% interest compounded monthly?
Click here to see answer by ewatrrr(24785)

Question 917117: Suppose that you deposit $1000 at the end of each year into an account paying 7 1/2% interest compounded annually. How much money would you have at the end of 10 years?
Click here to see answer by ewatrrr(24785)

Question 917164: Money is borrowed at 11% simple interest. After 1 year $721.50 pays off the loan. How much was borrowed originally?
Click here to see answer by jim_thompson5910(35256)

Question 917172: You buy a jet ski that costs $1450 plus 6% sales tax. Find the amount of the sales tax and the total bill.

Click here to see answer by jim_thompson5910(35256)

Question 917153: Kara plans to invest $7,500 into an account with the interest compounded monthly. According to the bank officer, her balance will be $10,325 after 10 years. How do you determine the interest rate for her account using the compound interest formula?
A=
P=
n=
t=
Click here to see answer by ewatrrr(24785)

Question 917208: $100 invested at 10% compounded continuously after a period of 2.25 years
Click here to see answer by jim_thompson5910(35256)

Question 917282: Determine the amount of money, to the nearest dollar, you must invest at 7% per year, compounded annually, so that you will be a millionaire in 28 years.

Click here to see answer by lwsshak3(11628)

Question 917536: At what simple interest rate should 25000 be invested to earn interest of 13000 in 8 years?

Click here to see answer by rfer(16322)

Question 917521: Calculate the area of circular disc 5.86cm in diameter
Click here to see answer by rfer(16322)

Question 917545: $950 deposited at 6.1% per year compounded continuously for two years
Click here to see answer by rfer(16322)

Question 917487: $2300 is deposited in an account earning 3% annual interest, compounded quarterly. How much will be in the account after 10 years? Round your final answer to the nearest cent.
Click here to see answer by rfer(16322)

Question 917695: Bill invested $9142 in an account at 3% compounded daily. Calculate the total investment after 2 years. Round your answer to the nearest penny if necessary. The total investment is given by A=P(1+fraction r/n)nt so: A 9142=(1+.03/352)352x2=total investment.
I am not real sure if by daily the number of periods per year should be indicated as 352 or not. Secondly I am a still a little confused at how this equation works.
Click here to see answer by Fombitz(32388)

Question 917764: what is the percentage of sales tax if you pay 1,980 for sales tax on a car being sold for 22,000
Click here to see answer by Theo(13342)

Question 917987: The drama club is putting on a production that will cost $525 for the set and $150 per performance. A sold-out performance will bring in $325. Write an equation for the cost C, and an equation for the income I for p sold-out performances. Find how many sold-out performances will make the cost equal to the income, the break-even point.

Can some one hell me please I have tried to work this problem out and I keep getting stuck.
Click here to see answer by MathLover1(20849)

Question 918027: Greg's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Greg
$5.60
per pound, and type B coffee costs
$4.45
per pound. This month, Greg made
156
pounds of the blend, for a total cost of
$773.55
. How many pounds of type A coffee did he use?
Click here to see answer by josgarithmetic(39615)

Question 918056: If 8 ounces of a certain type of candy costs $6.00, what is the cost of 6 ounces?

Click here to see answer by josgarithmetic(39615)

Question 918187: Bill and Nancey invested 980.00 into a business. Nancey paid 350 more than bill, how much did Bill pay?

Click here to see answer by ewatrrr(24785)

Question 917717: Calculate the capacity in liters of a cylindrical tank 23.6cm in diameter and 3.78cm deep
Click here to see answer by Fombitz(32388)

Question 918250: The bill for two cappuccinos and three lattes was $14.55. Another bill for one cappuccino and two lattes was $8.77. How much does each type of beverage cost?
Click here to see answer by solver91311(24713)

Question 917625: Ted has a debt of a credit card of $1500 at a 22% interest. He has 3 jobs in total for the 3 jobs he gets paid 1662.4 every month but he also has a car loan of 15000 at a 10% interest what can he do
Click here to see answer by Fombitz(32388)

Question 918262: What formula should I go by to finance $25,000 at 7.5 (compounded monthly for 6 years. 30 year fixed rate at 4.000% or 15 year fixed rate at 3.250% Bank of America
Or 30 year fixed rate at 4.125% OR 15 YEAR FIXED RATE AT 3.375% AT First Citizens. Could you help me? Also, work it out for me, please.
Click here to see answer by solver91311(24713)

Question 918360: Your weekly paycheck is 20 percent less than your coworker's. Your two paychecks total 820. Find the amount of each paycheck.
I tried multiple things but nothing is working. I'M STUCK AND READY TO KILL MY LAPTOP!! SOMEBODY PLEASE HELP ME!!!
Click here to see answer by richwmiller(17219)

Question 918405: a particular chemical must be added to a swimming pool at regular intervals because it is released from the water into the air at the rate of 5% per hour. sixteen ounces of chemical is added at 8am. at what time will three-fourths of this chemical be gone from the pool?
Click here to see answer by josgarithmetic(39615)

Question 918555: Hi, please can i get some help with this.
On 1 January 2008, Bob Jones received a lump sum of R200 000. He invested the full amount in a fixed deposit paying interest at 7% Per annum, compounded monthly. the maturity date of this investment is 31 December 2010. the following annual inflation rates have been predicted for the given calender years: 2008 - 8.3%, 2009 - 8.5%, 2010 - 8.7%. Bob regards the annual inflation rate as his personal required rate of return for that particular year.
Required:
A) Without the use of interest tables, calculate the Net Present Value of this investment.
Click here to see answer by rothauserc(4718)

Question 918694: The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
A. Find how much money there will be in the account after the given number of years.
B. Find the interest earned.
Principal= $7000
Rate= 4%
Compounded= Semiannually
Time= 3 years
Click here to see answer by ewatrrr(24785)

Question 918718: Define a variable and write algebraic expressions for each of the given quantities. Then, answer the question by writing and solving an equation.

Three brothers spent different amounts of money on their recent vacation. Matt spent $25 less than Todd. Jeff spent 3 times as much as Matt. How much did each brother spen if they spent a total of $275.
Click here to see answer by ewatrrr(24785)

Question 918901: Find the finance charge in dollars for the following problem. Choose the right answers.
Tom Brown decided to purchase a new bike on an installment loan. The bike was $300.00. He agreed to pay $30 a month for 12 months. What is the finance charge in dollars?
The finance charge is $.

Click here to see answer by ewatrrr(24785)

Question 918885: 1 , 0.5 , 0.5 , 0.75 , 1.5 , 3.75 ______ ( answer is 11.25 - show your solution ) *** number series
Click here to see answer by richwmiller(17219)

Question 918883: 6 , 3 3/4 , 2 1/4
Click here to see answer by richwmiller(17219)

Question 918985: In investing $5,750 of a couple's money, a financial planner put some of it into a savings account paying 3% annual simple interest. The rest was invested in a riskier mini-mall development plan paying 10% annual simple interest. The combined interest earned for the first year was $421. How much money was invested at each rate?
Click here to see answer by richwmiller(17219)

Question 918886: 7/9 , 7/10 , 9/13 , 13/18 , 19/25 , 27/34 ______ ( answer is 37/45 - show your solution ) *** number series
Click here to see answer by KMST(5328)

Question 918868: Ashley invested her savings in two investment funds. The amount she invested in Fund A was twice as the amount she invested in Fund B. Fund A returned a 6% profit and Fund B returned a 7% profit. How much did she invest in Fund B if total profit from the two funds was $1520?
Click here to see answer by richwmiller(17219)

Question 919047: 16 , 36 , 64 , 100 , 144 ______ (show your solution ) *** number series
Click here to see answer by Hawksfan(61)

Question 919047: 16 , 36 , 64 , 100 , 144 ______ (show your solution ) *** number series
Click here to see answer by josgarithmetic(39615)

Question 919086: 84862 , 84816 , 84812 , 84826 , 84824 - if the numbers above are to be arranged from highest to lowest, the sum of the digits of the smallest number is ______ ( answer is 23 - show your solution )
Click here to see answer by ewatrrr(24785)

Question 919081: 4/5 , 1 1/4 , 3/5 , 1 2/3 , 2/5 , 2 1/2 , 1/5 ______ ( show your solution ) *** number series
Click here to see answer by AnlytcPhil(1806)

Question 919078: if the quotient of two numbers is 4 and their difference is 24. what is the smaller number? ( answer is 8 )- show your solution )
Click here to see answer by ewatrrr(24785)

Question 919163: An espresso stand finds that its weekly profit is a function of the price, x, it charges per cup. If x is in dollars, the weekly profit is P(x)=−3000x2+11400x−9252 dollars.
(a) What is the maximum weekly profit. $______ (Round to the nearest cent)
(b) What price per cup that produces that maximum profit? $ _____ (Round to the nearest cent.)

Click here to see answer by lwsshak3(11628)

Question 919112: A man buys x loaves of bread at y rand per hundred. one sixth of the loaves are given to charity. At what price per loaf p must he sell the remaining loaves so that he neither gains nor loses any money
Click here to see answer by josgarithmetic(39615)

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, 16561..16605, 16606..16650, 16651..16695, 16696..16740, 16741..16785, 16786..16830, 16831..16875, 16876..16920, 16921..16965, 16966..17010, 17011..17055, 17056..17100, 17101..17145, 17146..17190, 17191..17235, 17236..17280, 17281..17325, 17326..17370, 17371..17415, 17416..17460, 17461..17505, 17506..17550, 17551..17595, 17596..17640, 17641..17685, 17686..17730, 17731..17775, 17776..17820, 17821..17865, 17866..17910, 17911..17955, 17956..18000, 18001..18045, 18046..18090, 18091..18135, 18136..18180, 18181..18225, 18226..18270, 18271..18315, 18316..18360, 18361..18405, 18406..18450, 18451..18495, 18496..18540, 18541..18585, 18586..18630