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

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Question 964362: Bernice mixes peanuts worth 105 per kilo with 100 kilograms of cashew nuts worth
50 per kilo. How many kilograms of peanuts should be added so that the final mix
is worth 75 per kilo.
Click here to see answer by josgarithmetic(39617)

Question 964363: A train running between City A and City B arrives at its destination 10 minutes late when it goes at 40kms.per hour. And 16 minutes late when it goes at 30kms.per hour. What is the distance between the two city?
Click here to see answer by josgarithmetic(39617)

Question 964393: chris puts $4358 in his savings account. after 10 years it is worth 6 times more.how much money does chris have in his savings after 10 years?
Click here to see answer by Theo(13342)

Question 964375: a principal of $1800 is borrowed over 9 months. The future value is $1910. Determine the loan's simple interest rate.
Click here to see answer by rfer(16322)

Question 964459: how long does it take for a deposit of $900 to double at 2% compounded continuously
Click here to see answer by lwsshak3(11628)

Question 964590: 2000 dollars is invested in a bank account at an interest rate of 7 percent per year, compounded continuously. Meanwhile, 16000 dollars is invested in a bank account at an interest rate of 4 percent compounded annually.
To the nearest year, When will the two accounts have the same balance?
I understand how to do one equation like this (A=Pe^(r*t)).. but I don't understand how to find the common ground between the two.
Click here to see answer by Fombitz(32388)

Question 964592: Can someone please help me with this question.
Carmen is paid by commission, only she receives 14% of her sales. How much would she earn in a week if her sales reach $3673.66.
THANK YOU
Click here to see answer by Fombitz(32388)

Question 964611: 1. You receive a tax refund and you invest the 1,000 dollars in a bank that pays 5% interest annually. What will you have in 3 years?
Click here to see answer by Fombitz(32388)

Question 964364: 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.
11) Several Senators and congressmen were absent in the committee meetings most of the time.
12) Learners set goals as motivation for learning, and their successes of failures in achieving this goals determine how he sets his future goals.
13) We were discussing about political issues so her remarks about clothes and fashion were completely beside the point.
14) A systematic plan for handling the mail help speed up the performance of office work.
15) When a soldier complete his military service, he is usually glad to get into civilian clothes again.
16) The director wanted to know if how many employees had been assigned to conduct the examination.
17) Now is the time to talk about the floods and to implement flood control projects before the rainy season set in.
18) Many advocate for women in development emphasize the need for greater equality between men and women.
19) It is likely that you may be one of the many persons who needs to communicate better.
20) With regards to the terrorism problem, the President said that the Cabinet and the Military were closely monitoring the activities of the foreign nationals.
21) All are not lost when hope lingers, the mother said to her son who was inflicted with pain.
22) In other countries, there is a strong trend in favor of learning and part-time programs.
23) The poor and unfortunate children have gone home, aren�t they?
24) The Labor Secretary will meet representatives of the entertainment industry tomorrow to discuss problems affecting the working conditions of the Chinese workers abroad.
Click here to see answer by Fombitz(32388)

Question 964674: You wish to invest $600 over one year in two accounts paying 5% and 6% annually. How much should you invest in each to earn $34?
Click here to see answer by macston(5194)

Question 964674: You wish to invest $600 over one year in two accounts paying 5% and 6% annually. How much should you invest in each to earn $34?
Click here to see answer by addingup(3677)

Question 964878: Calculate the rate if a man receives $8400 as interest on $13125 in 8years
Click here to see answer by amarjeeth123(569)

Question 965024: Keith borrowed $8000 at a rate of 7.5%, compounded semiannually. Assuming he makes no payments, how much will he owe after 7 years?
Click here to see answer by addingup(3677)

Question 965028: Matt paid $55 at a restaurant that amount include a 10% tip What was the check amount before the tip
Click here to see answer by checkley77(12844)

Question 965166: Carmella Santiago earned 42,000 in book royalties. She invested part at 15% simple interest and the rest at 12%, earning 5,790 per year in interest. How much did she invest at each rate?
I know you have to use I= prt... Right? I just never know how to write it out...
Click here to see answer by josmiceli(19441)

Question 965175: George and Linda each have 20 dollars in the bank. Each week George adds 3 dollars to his account. Linda adds 1 dollar to her account each week. After how many weeks does George have twice as much as Linda?1
Click here to see answer by Theo(13342)

Question 965190: If interest on a $4,500 loan is $720 what would be the interest on a loan of $ 5, 800
Click here to see answer by Theo(13342)

Question 965189: IF A CAR can travel 3,267 miles on 33 gallons of fuel, how many gallons are required to travel 107,811 miles?
Click here to see answer by josmiceli(19441)

Question 965188: Kate and alan sell stereos last month kate sold 24 more stereos than alan Together they sold 164. How many stereos did alan sell?
Click here to see answer by amarjeeth123(569)

Question 965284: bob has $15000 to invest. he plans to invest part at 8%, with the remainder invested at 10%. find the amount invested at each rate if the total annual interest income is 1300
Click here to see answer by Fombitz(32388)

Question 965341: On Friday, a local hamburger shop sold a combined total of
328
hamburgers and cheeseburgers. The number of cheeseburgers sold was three times the number of hamburgers sold. How many hamburgers were sold on Friday?
Click here to see answer by rm29924(97)

Question 965809: Dave has $2,000 to invest. He would like to earn $$135.20 per year in interest. How much should he invest at 6% if the rest is to be invested at 7%?

Click here to see answer by macston(5194)

Question 965858: A bank charges 2.25% per month simple interest on personal loans. if john borrows $6400 for a period of 2 years 1 month, find the total interest he has to pay?
Click here to see answer by ankor@dixie-net.com(22740)

Question 965957: if you deposit 2500 into your bank account and get simple interest how much interest have gained over 6 months when the rate is 2.7%
Click here to see answer by josgarithmetic(39617)

Question 966036: Harriet Amato operates a coffee shop. One of her customers wants to but two kinds of beans: Arabian Mocha and Colombian Decaf. If she wants twice as much Mocha as Colombian Decaf, how much of each can she buy for a total of $87.50? (Prices are: Arabian Mocha....$8.50/lb and Colombian Decaf....$8.00/lb.)
Click here to see answer by josmiceli(19441)

Question 966044: A school orders a number of copies of a prescribed book at a total cost of R7.The school is later notified by the bookseller that the price of the book had been raised by 10c per copy ,and that consequently 8 copies fewer would be sent . find the number of copies originally ordered ,and also the original price.
Click here to see answer by josgarithmetic(39617)

Question 966145: The cost C in pesos of operating a certain wood-cutting machine is related to the number of minutes n the machine is run by the function C(n) = 2.2n^2 - 66n + 655. For what number of minutes is the cost of running the machine a minimum? What is the minimum cost?

Click here to see answer by Theo(13342)

Question 966201: The total cost of taking a party of children to cape town was R18 , and the children were expected to pay equal amounts.As two of them could not pay , the others made up the difference by each paying 10c extra. how many children were in the party
Click here to see answer by KMST(5328)

Question 966274: The value of Maggie's car decreased by 30% since last year, when she bought it. If the car is now worth $18,000.00, how much was the car worth when she bought it?
Click here to see answer by josmiceli(19441)

Question 966251: Mrs. Kelly bought some fruit at 90 cents per pound. If the price has been 15 cents less per pound, she would have been able to buy 4 more pounds with the same amount of money. How much money did she spend?Math smarter than a 5th grader worksheet

Click here to see answer by lwsshak3(11628)

Question 966312: 2 people had 270$ altogether. one person decides to give a quarter of what he has in exchange for a third of what the other person has. as a result of the exchange they both have an equal amount of money. How much did they each have at first?
Click here to see answer by ankor@dixie-net.com(22740)

Question 966449: A boat costs $19,200 and decreases in value by 12% per year. How much will the boat be worth after 5 years?
Click here to see answer by rfer(16322)

Question 966627: A theater group made appearances in two cities. The hotel charge before tax in the second city was $1500 higher than in the first. The tax in the first city was 6%,and the tax in the second city was 9%. The total hotel tax paid for the two cities was $735. How much was the hotel charge in each city before tax?
Click here to see answer by lwsshak3(11628)

Question 966666: You buy a car for $27500. It depreciates at a rate of 9% per year. You are able to obtain a 7 year loan to pay off your car. What is the value of your car when you trade it in 7 years later?
Click here to see answer by Theo(13342)

Question 966824: how long would you need to invest $3000 at a flat rate of 8.2% to reach $6000
Click here to see answer by Alan3354(69443)

Question 966885: Determine the principal P that must be invested at rate r = 9%, compounded monthly, so that $500,000 will be available for retirement in t = 9 years. (Round your answer to the nearest cent.)

Click here to see answer by lwsshak3(11628)

Question 966913: Houses in Madison's town are losing 11% of their value each year.
1.) Let v be the current value of Madison's house. Write an equation that describes the projected value, p, at a time t years from now.
2.) Rewrite your equation to find the effective monthly percentage decrease in value.
Click here to see answer by BC17(9)

Question 966974: How much would $700 be worth after 8 years, if it were invested at 5% interest compounded continuously? (Use the formula below and round your answer to the nearest cent.)

Click here to see answer by Alan3354(69443)

Question 966931: How much must be invested today in a savings account to realize P32,000 in 6 years if money earns at the rate of 8 1/2% compounded quarterly?
Click here to see answer by Theo(13342)

Question 967126: If the price of coffee was 50 cents a pound 10 years ago, and the current price of that product is $4.25 a pound, what percent increase in price does this represent?
Click here to see answer by amarjeeth123(569)

Question 967138: Please help me solve this problem
A student with two summer jobs earns $10 per hour at a cafe and $8 per hour at a market. The student would like to earn at least $800 per month.
a. Write and graph an inequality to represent the situation.
b. The student works at the market for 60 hours per month and can work at most 90 hours per month. Can the student earn at least $800 each month? Explain how you can use your graph to determine this.
I know that the problem set up like this $800 ≥ $10x + $8y but I need help on solving it please and thank you
Click here to see answer by josmiceli(19441)

Question 967314: Please help me solve this problem. Shane plans on finding a summer job so he can earn enough money to buy a new laptop that costs $595. He has already saved $150. If Shane finds a summer job that pays him $7.50 an hour after taxes are withheld, what is the minimum number of hours he will have to work in order to purchase the laptop?
Click here to see answer by stanbon(75887)

Question 967397: A sum of $1200 is invested at an interest rate of 4.5 % compounded annually. How many years will it take until the sum exceeds $2100?
Click here to see answer by jim_thompson5910(35256)

Question 967545: Jake went to the greeting card store because they were selling c cards for t cents. When he arrived the store announced a blue light special for 20 cents less on each card. how many cards could Jake now buy for 5 dollars??
Thanks
Click here to see answer by stanbon(75887)

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