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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 982462: You have 20 orders to get out today. �10 orders that are worth $300 each, and 10 orders that are worth $600 each.. � which ones do you start with and why?

Click here to see answer by solver91311(24713)

Question 982513: Bea and Yan can do a certain job in 3 hours. On a given day, they worked together for 1 hour then Yan left and Bea finishes the rest of the work in 8 more hours. How long will it take for Bea to do the job alone?
Click here to see answer by josmiceli(19441)

Question 982560: In a given time Sandra can paint only half the area that Joseph can paint. Joseph takes 45 minutes to paint one quarter of a room.
1. How long (in hours) will it take each of Joseph and Sandra to paint the whole room on their own?
2. How long (in hours) will it take them to paint the whole room if they work together?
Click here to see answer by josgarithmetic(39617)

Question 982559: How long will it take for an investment to double in value, if the annual interest rate is 10% and interest is compounded every 6 months? Leave your answer in terms of a logarithun, if necessary.
Click here to see answer by josgarithmetic(39617)

Question 982512: The amount of P10,000 is to be invested for 1 year. A part of the 10,000 is invested at 6% and the remainder at 7%. The income from the P10,000 is P640 per year. Find the amount invested at each rate.
Click here to see answer by macston(5194)

Question 982515: Channing derives an income of P618 from some money invested at 3% and some at 4.5% if the amounts of the respective investmemts were interchanged, he would receive P336. How much did he originally invest at each rate?
Click here to see answer by ankor@dixie-net.com(22740)

Question 982654: Natalie went to the movies for $16.50 then spent half of her remaining money on jogging shoes. Next she bought lunch for $9.00 then spent half her remaining money on a skirt. After that she still had $21 left. How much money did she start with?
I tried 21 x 2 = 42
42 + 9 = 51
51 x 2 = 102
102 + 16.50 = 118.50
So she started with $118.50 but I'm not sure if this is the correct way of doing it.
Click here to see answer by josgarithmetic(39617)

Question 981143: The price of a share of stock fell 5% on Monday. Then, rose 20% on to Tuesday to $228. What was the price of the share of stock before trading began on Monday?
Click here to see answer by Fombitz(32388)

Question 982767: the ski club is planning to charter a bus to a ski resort. the cost will be $900 and each member will share the cost equally. if the club had 15 more members, the cost per persona would be $10 less. how many are in the club now?( hint if x=number in the club now, 900/x= cost per person.)
Click here to see answer by stanbon(75887)

Question 982840: Jill charges 25$ for a private guitar lesson and 18$ for a group lesson. One day she earned 265$ from 12 students. How many of each type did Jill teach?
Click here to see answer by josgarithmetic(39617)

Question 983099: Jaime was balancing his checkbook.
His starting balance was $650.He wrote checks for $125,$89,$57,and $21.What was Jamie's ending balance?
Click here to see answer by macston(5194)

Question 983100: steve invests $4070, part at 6% and part at 15% if the amount of interest earned at 6% was 4 times higher than the amount earned at 15%. how much did he invest at each rate.
Click here to see answer by Boreal(15235)

Question 983251: If you work for 75 days and make 800 per week, how much money will you have by the end of the 75 days.

Click here to see answer by rfer(16322)

Question 983253: Part of $18,000 is invested at 8% annual interest, and the rest is invested at 6%. After one year, the accounts paid $1,220 in interest. How much was invested at the lower rate? round to nearest cent.

Click here to see answer by solver91311(24713)

Question 983341: A business owner borrows $5,600 for 5 months. At the end of the 5-month loan period,
the interest owed is $115. What was the simple yearly interest rate
(as a percent)?
Click here to see answer by Boreal(15235)

Question 983191: a man invests $20000 to yield $1280 interest annually.If part of his investment pays 6% annually and the rest of his investment pays 7% annually,how much does he invest at each rate?

Click here to see answer by macston(5194)

Question 983254: Reymond has a job with starting salary of 14,000. Suppose he receives a yearly increase of 2,500, how much would his salary be on his fifth year on the job?
Click here to see answer by macston(5194)

Question 983389: If Sheila wants to earn 12% annual simple interest on an investment, how much should she invest so that its value is worth $23000 in 16 months
Click here to see answer by rfer(16322)

Question 983452: The yearly budget B (in billions of dollars) for NASA is approximated by the quadratic equation B=0.0596x^2-.3811x+14.2709 where x is the number of years since 1995 and 0<= x <= 9. In what year does the model indicate that NASA's budget was $15 billion? Round to the nearest year.

The answer is, In 2003, NASA's budget was $15 billion.
But how to solve?
Click here to see answer by Boreal(15235)

Question 983453: Sara opens a bank account with $200. The account accrues 2% interest compounded annually.
How much money, to the nearest cent, will she have in her account at the end of 3 years? (Use the formula A=P(1+rn)nt, where P= initial amount of money, r = interest rate, t = the number of years, and n = number of times the interest is compounded per year.)
$
Enter a number like 157.23.
Part 2
Sara wants to calculate the amount she will earn between year 3 and year 5.
How much interest will Sara earn during this time?
Click here to see answer by Boreal(15235)

Question 983491: How long will it take an investment of 12,500 to earn $125 in interest at 4% per year ( use bankers interest
Click here to see answer by stanbon(75887)

Question 983586: Mia has $950 in a savings account that earns 2% annual simple interest. How much money will be in her account if she does not make any deposits or withdrawals in 18 months?
Click here to see answer by solver91311(24713)

Question 983674: A , b , and c started business with a putting 12000 and B 8000 and c 5000 at the end of the year they got 96000 profit how they can divide between them
Click here to see answer by solver91311(24713)

Question 983590: You start with $100. You earn 10% interest and add $100 to the account every year. What is the formula or pattern?
Click here to see answer by swincher4391(1107)

Question 983708: $20000 is invested at 4.2% per annum, compounding monthly. How much interest is paid in the fourth year?
Click here to see answer by solver91311(24713)

Question 983686: A party of fishermen rented a boat for $240. Two of the men had to withdraw from the party and, as a result, the share of each of the others was increased by $10. How many fishermen were in the original party?
Click here to see answer by macston(5194)

Question 983900: The cost of a car is 30,000
The interest on 30,000 is 3% for 5 years.
What will be the total cost of the car at the end of 6 years?

Click here to see answer by Boreal(15235)

Question 983952: A cell phone company charges a monthly fee of $10 for the first 1000 text messages and 10 cents for each additional text message. Miriam's bill for text messages for the month of June is $38.50. How many text messages did she send that month?
Click here to see answer by josmiceli(19441)

Question 984211: Paul and John both want to save money. Paul already had $20 saved and is going to save
$5 a week. John had no money saved, but is going to save $9 a week. Write two
equations to model the money (m) they will save after any number of weeks (w). When
will they have the same amount of money saved?

Click here to see answer by deee22(1)

Question 984248: starting August 18,2015 I'm paying $100 every Tuesday. the car coasts 5,400 when will I get my car?
Click here to see answer by Alan3354(69443)

Question 984281:
Click here to see answer by Fombitz(32388)

Question 984384: Kayleigh wants to buy a car that costs $17,360.00. She deposits $14,000.00 into a savings account that earns 8% simple interest. How long must Kayleigh leave the money in the savings account to be able to buy the car?
Click here to see answer by solver91311(24713)

Question 984404: Trey works as a tutor for $10 an hour and a waiter for $8 an hour. This month, he worked a combined total of 88 hours at his two jobs. Let t
be the number of hours Trey worked as a tutor this month. Write an expression for the combined total dollar amount he earned this month.

Click here to see answer by solver91311(24713)

Question 984197: Randy wants to move his savings account to a new bank that pays a better interest rate at 3.5% so that he can earn $100 in interest faster than his old bank. If he was $800 to the new bank how long will it take him to earn his hundred dollars in his interest
Click here to see answer by solver91311(24713)

Question 984543: During a yard sale, Deb earned 3 times as much money as Andy. Ana made $10 more than twice what Deb made. Together they made $150. How many dollars did Deb make?
Click here to see answer by Timnewman(323)

Question 984631: After an 8%increase in your income. you receive $.94 more per hour so, how much did you get per hour before increase in income
Click here to see answer by Cromlix(4381)

Question 984631: After an 8%increase in your income. you receive $.94 more per hour so, how much did you get per hour before increase in income
Click here to see answer by macston(5194)

Question 984640: On Tuesday the Beef Market sold 400 pounds of prime rib steak at $9.98 per pound and 120 pounds of rib-eye steak at $6.49 per pound. What was the average cost in dollars per pound of the steaks sold on Tuesday? Express your answer to the nearest hundredth.
Click here to see answer by Theo(13342)

Question 984637: If my payments on merchandise cost me a $120 monthly for 24 months but I choose to pay $220 on my merchandise monthly. How many months would it be take until merchandise is paid in full?
Click here to see answer by Theo(13342)

Question 984666: Using the expression below, choose the correct answers for the new balance and amount of interest earned in the following compound interest problem.
P(1 + r)n
$1,100 at 8%, for 15 years, compounded annually.
Total Amount = $
Interest Amount = $
Click here to see answer by Boreal(15235)

Question 984735: if kevin and brian both invest 15000$ apiece in cd's but kevins earns 2.4% annually and brian's earns 5.1% annually how much more money will brian have in one year.
Click here to see answer by solver91311(24713)

Question 984713: 1. A customer purchases one case and 2 packages of a product. If one case has 8 packages and each package is 6.6 pounds. How many pounds of the product is the customer purchasing?
Click here to see answer by solver91311(24713)

Question 984441: A man has P1000 invested part of 5% and his remainder at 3% simple interest. The total income per year from these investment is P44. How much does he invested at the higher rate? P= Peso
Click here to see answer by rushdi1987(3)

Question 984990: If I wanted to deposit money into my bank account that earns 4.25% simple interest. How much should I deposit so that I earn $3200 after 4.5yrs. I don't understand how to put that into I=prt formula. Can you please help me and thank you in advance.
Click here to see answer by solver91311(24713)

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