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

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Question 933951: If $14,000 is invested at 6% how much should be invested 7% if the total annual return is $930?
Click here to see answer by Fombitz(32388)

Question 935945: sales in January we're 2500 dollars and continue to grow by 5% each month for 6 months what were sales for the month of July
Click here to see answer by TimothyLamb(4379)

Question 935967: semiannual withdrawals of $800 for 7 years; interest rate is 4.9% compounded semiannually.
Click here to see answer by ptfile(81)

Question 936035: Jessica invested �14000 for 5 years at a compound interest rate of 9% per year. How much more could she have earned if the interest was compounded monthly ?
Click here to see answer by stanbon(75887)

Question 936039: Phillip charged $400 worth of goods on his credit card.on his first bill, he was not charged any interest, and he a payment of $20. He then charged $18 worth of goods. On his second bill a month later, he was charged 2% interest on his entire unpaid balance. How much interest was Philip charged on his second bill?
Click here to see answer by TimothyLamb(4379)

Question 936105: WHat amount must be deposited into a certificate of deposit today so that the investment will grow to 20,000 dollars in 18 years if it compounded continuously at 6%?
Click here to see answer by jim_thompson5910(35256)

Question 936119: a jacket costs 4 times as much as a pair of shorts.together they are 75$.how much does each iteam cost?
Click here to see answer by algebrahouse.com(1659)

Question 936152: A salesman earns Php 2500 a week plus 6% commission on weekly sales exceeding Php 75000. If his salary plus commission during one week amounted to Php 5500 how much was his sale?
Click here to see answer by TimothyLamb(4379)

Question 936147: The employee of adam & chase company receive a weekly salary of $250 plus a 5% commission on their first $10000 in monthly sales and 7% on any monthly sales over $10000. What is the gross monthly earning of eddy, if his monthly sales is $15,943.87?
Click here to see answer by TimothyLamb(4379)

Question 932105: 1. Lauren plans to deposit $4,000 into a bank account at the beginning of next month and $100/month into the same account at the end of that month and at the end of each subsequent month for the next 3 yr. If her bank pays interest at the rate of 5%/year compounded monthly, how much will Lauren have in her account at the end of the 3 yr? (Assume she makes no withdrawals during the 3-yr period.) Please round the answer to the nearest cent.
show the solving methods

2. Pierce Publishing sells encyclopedias under two payment plans: cash or installment. Under the installment plan, the customer pays $21/month over 3 yr with interest charged on the balance at a rate of 15%/year compounded monthly. Find the cash price for a set of encyclopedias if it is equivalent to the price paid by a customer using the installment plan. Please round the answer to the nearest cent.
Click here to see answer by ptfile(81)

Question 936143: tom saves $300 at the end of each month for 20 years. he invests the money at 14% a compounded monthly. how much will he have saved?

Click here to see answer by ptfile(81)

Question 936270: Andre needs to buy hamburgers and hot dogs for a picnic. He has only $23.00 to spend and must buy AT LEAST 78 hamburgers or hot dogs. A store charges $0.50 per hamburger and $0.25 per hot dog. Which of the following is a possible way Andre might buy the hamburgers and hot dogs?
Click here to see answer by josmiceli(19441)

Question 936309: a bank pays 6% interest on saving per year
ann deposited 1000 on savings account
how many interest will ann get at the end of 2 years
Click here to see answer by oscargut(2103)

Question 936298: How much would a former student have in 50 years if he invested his $60,000 lottery winnings at an average of 8% interest rate compounded quarterly?
Click here to see answer by TimothyLamb(4379)

Question 936394: With a disount of 35% from the original price.Mang Ador paid 5,875.00 for a abed TV set.What was the original price of the TV set?

Click here to see answer by srinivas.g(540)

Question 936428: A company's sales in Seattle were $410,000 in 2012, while their sales in Portland were $295,000 for the same year. Complete the following statements:
a. Seattle's sales were % larger than Portland's.
b. Portland sales were % smaller than Seattle's.
c. Portland sales were % of Seattle's.

Click here to see answer by josmiceli(19441)

Question 936427: A project on Kickstarter for an iPad stylus raised 1,205% of their goal, raising a total of $310,406 from 7,484 supporters. What was their original goal?

Click here to see answer by ptfile(81)

Question 936449: mary wants to buy a bike for $270. she already has $165. if her job pays $15 per hour, how many hours will she have to work to earn the rest of the money?
Click here to see answer by TimothyLamb(4379)

Question 934002: Katy wants to buy a bicycle that costs $75 and will purchase it in 6 months. how much should she put in her savings account for this if she can get 3% per annum compounded monthly?
Click here to see answer by ptfile(81)

Question 936554: Donna wants to make trail mix made up of almonds, walnuts and raisins. She wants to mix one part almonds, two parts walnuts, and three parts raisins. Almonds cost $12 per pound, walnuts cost $9 per pound, and raisins cost $5 per pound.
Donna has $15 to spend on the trail mix. Determine how many pounds of trail mix she can make.
A. 2
B. 5
C. 6
D. 13
Click here to see answer by josgarithmetic(39617)

Question 936493: On Sunday, Nick had $100 in his piggy bank, and jenny had $140 in her bank.Starting on Monday, Nick plans to put $6 in his bank everyday. Jenny plans to put in $2 everyday, starting on that same Monday. On what day of the week will nick and jenny have the same amount of money in their banks?

Click here to see answer by mananth(16946)

Question 936578: $6300 is deposited into an account that earns 3.5% compound interest. Compounded weekly for 9 years. How much is it after 9 years?
Click here to see answer by TimothyLamb(4379)

Question 936558: Jane went shopping and spent $165. She had two options for a coupon to use. Option 1 she received $20 off, or option 2 she received 15%. Which would be the better coupon to use? How much would her total be after using that coupon and paying 10% tax?
Click here to see answer by TimothyLamb(4379)

Question 936557: Mrs. Schnarrs found a book that she loved at barnes and noble for $24. That day the book was 30% off. What is the discount of the book/ What is the new price?
Click here to see answer by TimothyLamb(4379)

Question 936555: Sarah made an investment of 1,800. In the first month it grew 12%. The second month it decreased 4%. How much did she have after the first two months?
Click here to see answer by TimothyLamb(4379)

Question 936507: A college graduate earns $38,500 his first year working. There is a flat increase of $3000 at the end of each of the first 4 years. After 5 years of employment, how much has the graduate earned, total?
A) $172,000 B) $215,000 C) $230,000 D) $178,000 E) $222,500
Click here to see answer by TimothyLamb(4379)

Question 936595: solve this maths question 8100 RS 4 months 6.5% rate annually interest
Click here to see answer by srinivas.g(540)

Question 936641: A man purchased some shares of stock for $1560. Later, when the price had gone up $24/share, he sold all but ten of them for $1520. how many shares had he bought?
This is a word problem in a certain chapter in our book which deals all about Quadratic Equations. I hope you could help me out. Thanks.
Click here to see answer by josgarithmetic(39617)

Question 936483: If you borrow $6500 to purchase a car at 7% interest over a four-year term, what is the total of your monthly payments over the term of the loan?
Click here to see answer by TimothyLamb(4379)

Question 933622: If you invested $5000 in a small business and the investment doubled every 4 years how much would you have after 16 years
Click here to see answer by Fombitz(32388)

Question 936597: A line that predicts annual sales (thousands of dollars) over time (years) has a slope m = -92. What is change in sales for a 1-year increase in time?
A) sales decrease by $92
B) sales increase by $9200
C) sales decrease by $9200
D) sales increase by $92,000
E) sales decrease by $92,000
Click here to see answer by TimothyLamb(4379)

Question 936723: you begin with $90 in your savings account and your friend begins with $35 in her savings account. You deposit $10 in savings each week, and your friend deposits $15 in savings each week. write and graph a system of linear equations that represent the amounts in each of your saving accounts. Your friend says that in 10 weeks you will both have the same amount of money in your savings accounts. is your friend correct? use the graph from part a to explain your answer.
Click here to see answer by Danielshinmath(31)

Question 936642: A grocer bought a number of items for $14.40. Later the price increased at 2 money. Centavos per item and as a result he received 24 fewer items for the same amount. how many items were in his first purchase and what was the cost per item?
This is a word problem in a certain chapter in our book which deals all about Quadratic Equations. I hope you could help me out. Thanks.
Click here to see answer by ankor@dixie-net.com(22740)

Question 933713: Paul earns $1,000 a month salary plus a 15% commission on his total sales each month. If Paul wants to earn a total of $4750 for the month of December, write an equation that he could use to determine how much he must sell to reach his goal.
Click here to see answer by ptfile(81)

Question 931450: Mario and Maria have similar jobs. Mario recieves a weekly base salary of $250 and a 6% commission oh his sales. Maria earns a base salary of $170 and a 10% commission. Determine the amount of sales for which Maria and Mario will receive the same salary
Click here to see answer by ptfile(81)

Question 936871: at a sale clara bought a bag for php 780. of the original price of the bag was php 1,200 find the amount of discount.

Click here to see answer by srinivas.g(540)

Question 936894: Mr. Reyes invested a certain amount at 11% and five-sixths as much at 12% per year. If his annual income from the 11% investment is 540 more than the income from the 12% investment, how much did he invest at 12%?
Click here to see answer by mananth(16946)

Question 936854: How much would have if I left $700 in a passport savings account nine years ago
Click here to see answer by Alan3354(69443)

Question 936851: Steve put $500 into a savings account.At the end of one year,he earned $30 in interest.What interest rate is the bank paying?
Click here to see answer by Fombitz(32388)

Question 936942: Cindy gets paid a 5% commission for selling furniture. If Cindy�s goal is to earn $4,000 per month in commission checks, how much furniture does she need to sell per month to reach her goal?

Click here to see answer by ewatrrr(24785)

Question 937038: Maria has invested a certain amount of money in stock and bond. The annual return on these investments is 570$. If the stock produces 150$ more in annual return then bond, how much money does Maria receive per year from each type of investment?
Click here to see answer by TimothyLamb(4379)

Question 937027: Ticket sales for the Spring Fling totaled $1540.
Advance tickets were $3 each. At the door, tickets were $4 each. There were twice as many advance tickets sold as were sold at the door.
How many of each kind of ticket were sold?

Click here to see answer by TimothyLamb(4379)

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