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

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Question 961363: Jerry finds that he lacks 75ft. of wire to complete a job. He gets a partly used spool of wire from the shop. The spool originally contained 1000ft. of wire, but 1/5 of it had been used. If the electrician took 75ft. of this partly used spool, what percent of the wire from the partly used spool did he use?
Click here to see answer by josmiceli(19441) About Me 

Question 961390: Maya deposits
$4000
into an account that pays simple interest at a rate of
3%
per year. How much interest will she be paid in the first
6
years?

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

Question 961452: I am having a bit of trouble with this question, I've set it up, but I can't seem to get the correct answer.
A phone company offers two monthly charge plans. In Plan A, the customer pays a monthly fee of $6.60 and then an additional 8 cents per minute of use. In Plan B, there is no monthly fee, but the customer pays 9 cents per minute of use.

Click here to see answer by addingup(3677) About Me 

Question 961364: What is website for English tutor?
Identifying error - find an error in each sentence, and explain why?
(example – If everybody know how to read, then books will never cease to be useful.
- know is wrong because everybody is singular – therefore the correct sentence is - If everybody knows how to read,then books will never cease to be useful. )
1) Overcrowding of and within houses is an unhealthful factor which favor the spread of many diseases.
2) Every person at one time or another is called upon to make a decision but making a decision is one of the hardest job which one has to do.
3) We were touch by his generosity when he obviously could ill afford to be so generous.
4) When office workers take part in planning work details, their feelings of having status rise.
5) Please feel free to call upon our office if we can be of farther service to you.
6) A plan to build more medical centers in major part of the country had been revealed yesterday.
7) He will be playing much better today if he had not sprained his ankle during the semi-final match two days ago.
8) The telephone rang continuously for two minutes, fell silent and then sounded of five short rings.
9) After the game the coach compliments those players who show bravery during the crucial game.
10) There is no doubt whether the decision of the Council was influenced by politics.

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

Question 961593: four ounces of tea cost $3.25. At this rate, how much would 22 ounces cost?
Click here to see answer by rfer(16322) About Me 

Question 961662: What is website for English tutor?
Identifying error - find an error in each sentence, and explain why?
(example – If everybody know how to read, then books will never cease to be useful.
- know is wrong because everybody is singular – therefore the correct sentence is - If everybody knows how to read,then books will never cease to be useful. )
1) Overcrowding of and within houses is an unhealthful factor which favor the spread of many diseases.
2) Every person at one time or another is called upon to make a decision but making a decision is one of the hardest job which one has to do.
3) We were touch by his generosity when he obviously could ill afford to be so generous.
4) When office workers take part in planning work details, their feelings of having status rise.
5) Please feel free to call upon our office if we can be of farther service to you.
6) A plan to build more medical centers in major part of the country had been revealed yesterday.
7) He will be playing much better today if he had not sprained his ankle during the semi-final match two days ago.
8) The telephone rang continuously for two minutes, fell silent and then sounded of five short rings.
9) After the game the coach compliments those players who show bravery during the crucial game.
10) There is no doubt whether the decision of the Council was influenced by politics.

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

Question 961661: If each employee in a certain bank will be given three ball pens from the available supply, one of them would have to be satisfied with only two. But if each employee will be given two ball pens, 8 ball pens would remain. How many ball pens are available?
Click here to see answer by josmiceli(19441) About Me 

Question 961679:
Lucy tutors students for $20 per hour. She spent $13 on an ad in the newspaper. The expression 20x – 13 can be used to find the amount Lucy earns for tutoring x students. How much will Lucy earn if she tutors 9 students?

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

Question 961664: How many strokes do an ordinary clock strikes in a day if it strikes the number of hour every hour?
Click here to see answer by Alan3354(69443) About Me 

Question 961759: If $20,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after 5 years.
Click here to see answer by josmiceli(19441) About Me 

Question 961782: Mary took out a loan to buy a $30,000 boat but had $2,000 cash to put down.Which of the following is true?
a.
Mary decreased both assets and liabilities.
b.
Mary increased both assets and liabilities.
c.
Mary decreased assets and increased liabilities.
d.
Mary increased assets and decreased liabilities.

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

Question 961813: Suppose that $100,000 is invested in a mutual fund that pay 13% per year compounded continuously. What will be the value of the investment after 25 years?
Click here to see answer by stanbon(75887) About Me 

Question 961920: At a fast food restaurant, one burger, one order of fries, and one drink cost $5; three burgers, two orders of fries, and two drinks cost $12.50; and two burgers, four orders of fries, and three drinks cost $14. Find the cost of one burger.
Click here to see answer by amarjeeth123(569) About Me 

Question 962020: If Kelly makes an income of $30,000 a year after taxes, how much money does she make every month?

Click here to see answer by checkley77(12844) About Me 

Question 962023: Speedy Delivery agrees to pay Sara a flat fee of $25 per day plus $8 for each package she delivers. If 𝑥 represents
the number of deliveries she makes in a day, and 𝑦 represents the total amount paid to Sara that day, then
y = 8x + 25.
a) How much would Sara earn if she made 7 deliveries in a day?
b) Should she be paid $60 for 5 deliveries? Support your answer
c) If Sara were available one day to make deliveries, but no deliveries were made, how much would she be paid?

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

Question 962015: a baseball team has home games on Thursday and Saturday. the two games together earn 4791.00for the team. Thursdays game generates 269.00 less then Saturdays games.How much money was taken in at each game?
Click here to see answer by checkley77(12844) About Me 

Question 962122: You invested 10,000 in two stocks paying 8% and 10% annual interest. At the end of the year the total interest from these investments was 940. How much was invested at each rate?
Click here to see answer by addingup(3677) About Me 

Question 962288: If you borrow $500 from a credit union at 10% annual interest and $300 from a bank at 15% annual interest, what is the effective annual interest rate (that is, what single rate of interest on $800 would result in the same total amount of interest)
Click here to see answer by Theo(13342) About Me 

Question 962285: Kelly makes an income of $30,000 a year after taxes. Her rent is 30% of her annual salary. How much money does Kelly have to pay for rent every month?

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Question 961728: meri rohit garg jo mera ture love hai uske sath kb marriage hogi

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Question 962380: A campus club held a bake sale as a fund-raiser,selling coffee,muffins and bacon-and-egg sandwiches. The club members charged $1 for a cup of coffee, $2 for a muffin, and $3 for a bacon-and-egg sandwich. They sold total of 50 items, raising &85 dollars. If the club members sold five more muffins than cup of coffee, how many bacon-and-egg sandwiches did they sell?
Thank you in advance!

Click here to see answer by hkwu(60) About Me 

Question 962493: I purchased 100 shares of stock for $23.75 per share. Eight months later I sold the stock at $24.50 per share.
(a.)What annual rate, using simple interest did I earn on this transaction?
(b.) What annual rate would I have to earn in a saving account compounded monthly to earn the same money on my investment?

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

Question 962644: At what rate do we have to invest $1900 for 4 years compounded monthly
to obtain a final amount of $2250?

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

Question 962963: taylor puts $1000 in a savings account that pays 4% interest, compounded annually. how much money will be in the account 3 years later if she makes no more deposits.
Click here to see answer by JulietG(1812) About Me 

Question 963142: How do I calculate the following......Kate has bought a house and managed to secure a loan for R600 000. The term of the loan is 20 years and
the applicable interest rate is 10,5% per year, compounded monthly. Determine Kate’s monthly payment.

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

Question 963256: $1450 is compounded quarterly at a rate of 10% for 10 years
Click here to see answer by Fombitz(32388) About Me 

Question 963320: Johns has three sons. He gives them all dollar bills for their allowance. One gets half the total amount. The second gets half of the half plus one. And the third gets 2$. What's the total
Click here to see answer by tashiko24(3) About Me 

Question 963382: Please help me on this word problem
Tara earns more per hour than Ed, but Ed earns more money per year than Tara. What might make Ed's yearly salary higher than Tara's?

Click here to see answer by macston(5194) About Me 

Question 963381: Please help me with this word problem
Tara earns more per hour than Ed,but Ed earns more money per year than Tara. What might make Ed's yearly salary higher than Tara's?

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

Question 963438: Javier y franscisco fueron a almozar en el olive garden. Su cuenta del almuerzo era 32,00. Decidieron dejar Una propina Del 15%. Que es el total?
Email Address: sarahiarredondo53@gmail.com

Click here to see answer by josgarithmetic(39613) About Me 

Question 963436: $600 at 6% for 18 months...what is total value of investment?
Click here to see answer by Fombitz(32388) About Me 

Question 963626: John invested $400 in a savings account. How much interest will he earn in 5 years if the interest rate is 7%?
Click here to see answer by addingup(3677) About Me 

Question 963773: Kelvin has a savings of $8,000. If this is 18% of his earnings for the year, what is his total earnings?

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

Question 963784: how much would $400 be worth after 16 years if it were invested at 3% interest compounded annually?
Click here to see answer by Fombitz(32388) About Me 

Question 963867: A principal of
$1300
is invested at
8.75%
interest, compounded annually. How many years will it take to accumulate
$4000
or more in the account?

Click here to see answer by nerdybill(7384) About Me 

Question 964029: Abdul invested his savings in two investment funds. The $12,000 that he invested in Fund A returned a 6%
profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 4% profit?

Solution::
The amount Abdul invested in fund A =$12,000
Return =6% of 12,000
. = 6/100*12,000
=$720
Let the amount invested infund B =x
Return= 1% of x
= x/100
Given that both funds together
return a 4% profit
720+x/100= 4%of(12,000+x)
(72000+x)/100 =4/100 *(12000+x)
72000+x = 48000+4*x
3*x = 24000
x = $8,000
invested in fund B= 8,000

Click here to see answer by lwsshak3(11628) About Me 
Question 964029: Abdul invested his savings in two investment funds. The $12,000 that he invested in Fund A returned a 6%
profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 4% profit?

Solution::
The amount Abdul invested in fund A =$12,000
Return =6% of 12,000
. = 6/100*12,000
=$720
Let the amount invested infund B =x
Return= 1% of x
= x/100
Given that both funds together
return a 4% profit
720+x/100= 4%of(12,000+x)
(72000+x)/100 =4/100 *(12000+x)
72000+x = 48000+4*x
3*x = 24000
x = $8,000
invested in fund B= 8,000

Click here to see answer by tenkun(12) About Me 

Question 963986: Sarah invested a quarter of her 100,000 at 12% and the rest at an unknown rate. If her total income is 9% of what she invested, at what rate did she invest the remaining money?
Click here to see answer by lwsshak3(11628) About Me 

Question 964000:
The value of a certain stock tripled. If you knew what the stock used to be worth, how would you find how much it is worth now?

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

Question 963965: Joe invests $6000 into a certain amount of shares of stock A. The price of stock B is $20 more per share. If Joe has invested in stock B he would get 10 less shares for the same amount of money. Approximately how many shares of stock A did Joe buy ?
Click here to see answer by Theo(13342) About Me 

Question 964010: A species of fish was added to a lake. The population size P(t) of this species can be modeled by the following exponential function, where t is the number of years from the time the species was added to the lake.
P(t)=1000/1+5e^(-.15t)
find the initial population size of the species and the population size after 8 years.
Round your answers to the nearest whole number necessary.

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

Question 964096: If a car can travel 504 miles on 21 gallons of fuel, how many gallons are required to travel 1,152 miles?

Click here to see answer by macston(5194) About Me 

Question 964251: If I make $15/hour and I receive a 2% raise, how much would I now make with the 2.4% raise?
Click here to see answer by Alan3354(69443) About Me 

Question 964273: how to solve find the interest, I, and the total amount, A, for $625 invested for 12 years at 8% APR, compounded quarterly
Click here to see answer by addingup(3677) About Me 

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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, 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