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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 985013: Bill spent between $400 and $600 on his party. How many people may have attended the party if the average cost per person was $32
Click here to see answer by solver91311(24713)

Question 985142: If I rent a camera for $128 for 4 days, how much would it coust to rent for 6 months?
Click here to see answer by srinivas.g(540)

Question 985198: peter can finish an accounting work in 8 hours. david can finish the same work in 6 hours. After 2 hours of working together, peter left david for lunch and david finished the job. how long does it take david to finish the job?
Click here to see answer by srinivas.g(540)

Question 985250: Bob works at a restaurant. He was hired at a salary of $350 a week. After having his pay cut by 20%, Bob later got a 20% raise. How much per week does Bob make now?
Click here to see answer by rfer(16322)

Question 985266: A theatre sold 300 tickets to a special benefit performance. The tickets prices were $4 for children and $6 for adults. If three times as many adults attended as children, how many adults attended?
Click here to see answer by ikleyn(52775)

Question 985367: The monthly incomes of Peter and Paul are in the ratio of 4 3. Their expenses are in the ratio of 3 2. If each saves R 6,000 at the end of the month, their monthly incomes respectively are (in R)
(a 24,000 and 18,
(b 28,000 and
(c) 32.000 and 24
(d) 34,000 and 26

Click here to see answer by vleith(2983)

Question 985370: A lady buys goods worth rs.200 from a shop. (shopkeeper selling the goods with zero profit).
The lady gives him 1000 rs note. The shopkeeper gets the change from the next shop and keeps 200 for himself and returns rs.800 to d lady.
Later the shopkeeper of the next shop comes with the 1000rs note saying "duplicate" and takes his money back.
"How much LOSS did the shopkeeper face ?"
A. 200
B. 800
C. 1200
D. 1800
E. 2000
F. 1600
G. Other
Click here to see answer by srinivas.g(540)

Question 985425: How many students were there if the cost was $1800?
Click here to see answer by Alan3354(69443)

Question 985457: parents set up a trust fund for their children last year. part of it is earning 7% simple interest per year while the rest of is is earning 6% simple interest per year. They placed $6000 in the trust fund. in one year the trust fund has earned $380. how much did they invest at each interest rate?
Click here to see answer by macston(5194)

Question 985419: How much money do I need to save from today Aug.24 until Sept.24 to pay my lap fee which is $8?
Click here to see answer by macston(5194)

Question 985260: Donna earns twice as much money per month as Omar does. Omar earns $200 more than Alex. Together, the three workers earn $3,320 per month. How much does Omar earn per month?
Click here to see answer by macston(5194)

Question 985496: You are given a week's pay of $225. How could you figure out how much to put in your savings account if you are saving 25% of each paycheck?
Click here to see answer by macston(5194)

Question 985506: You earn $15.00 per hour at your job. If you get a 15% raise at the end of each year, what will your hourly rate, h, be after 6 years?
Click here to see answer by Boreal(15235)

Question 985541: I need to find a formula to answer an investment increase word problem. I know the interest rate compounded annually and the total amount received. I need to find the original investment amount.
Click here to see answer by macston(5194)

Question 985559: if the rent starts out at $1500.00 per month and goes up 3% every year for 10 years... what are the yearly rental rates?
thank you
Click here to see answer by stanbon(75887)

Question 985673: Ken invests $2000 into two separate accounts. One earns 8% interest, the other earns 4.5% interest. If after one year, the total interest from the two accounts is $137.25, how much was invested in each account?
Click here to see answer by macston(5194)

Question 985691: Company x plans to increase the work force by 20% to a total of 8460 employees. How many people does company X employ?
Click here to see answer by macston(5194)

Question 985731: If someone is making $12 an hr and they receive a 5,000 raise how much does that increase their hourly wage
Click here to see answer by Alan3354(69443)

Question 985745: Les invested a total of $25000 in two pieces of property last year. He made a profit of 15% on one lot but lost 5% on the second lot. If the profit was equivalent to a return of 8% on the total investment, how much was invested in each lot?
Click here to see answer by jim_thompson5910(35256)

Question 985791: Allam just finished a great meal at a restuarant in Wisconsin. The sales tax in Wisconsin is 5%, and it is customary to leave a tip of 15% for the server. The tip amount is calculated on the price of the meal before the tax is applied (sales tax is not calculated on tips) If Allam ordered a $15 meal, how much money will he have to pay with tax and tip?
Click here to see answer by Boreal(15235)

Question 985819: If I work 40 hours a week and make 9.53 an hour how long will it take to make $8000
Click here to see answer by ikleyn(52775)

Question 986140: Deandre invested his savings in two investment funds. The $6000 that he invested in fund A returned a 2% profit. The amount that he invested in fund B returned a 5% profit. How much did he invest in fund B, if both funds together returned a 4% profit?
Click here to see answer by vleith(2983)

Question 986150: Lina Chen invested $24,000, part at 8% and the rest at 7.2%. How much did she invest at each rate of her income from the 8% investment is two thirds that of the 7.2% investment?
Click here to see answer by Boreal(15235)

Question 986100: the principle that will amount to R 10 000 in 8 months time if the simple interest rate is 9,75% per year is??
Click here to see answer by stanbon(75887)

Question 986160: A store sells tents, sleeping bags, and camp stools. A customer buys a tent, 3 sleeping bags, and 5 camp stools for $213. The price of the tent is 7 times the cost of a camp stool. The cost of a sleeping bag is $26 more than the cost of a camp stool. Find the cost of each item.
Click here to see answer by algebrahouse.com(1659)

Question 986099: nikiwe moves into her new flat and buys furniture worth R7500. the furniture company charges finance rates of 20% per year for 3 years, at simple interest rate. calculate the interest over 3 years
Click here to see answer by stanbon(75887)

Question 986183: decides to invest with EASTPAK bank. how much will mike have to invest if he wants to have a sum of $8000 in four years time?
Click here to see answer by solver91311(24713)

Question 986186: how long, to the nearest year, will an investor have to invest R 20 000 to grow to R24 000, if the interest rate is 6% per year and the interest is compounded every 6 months??
Click here to see answer by josgarithmetic(39616)

Question 985953: Admission is 72.00 to a park. Groups of 15 or more people price is reduced by 25.00. How many people to save 500.00$?

Click here to see answer by vleith(2983)

Question 986281: Use the information in the scenario to solve the problem:
A car loses value each year. The value of he car t years from today can be modeled using the function f(t) = 15,000(0.85) to the t power. If Elizabeth wants to sell her car in 2 1/3 years, what will the car's value be when she sells it?
Click here to see answer by josgarithmetic(39616)

Question 986390: morton invested part of his $1200 at an annual rate of 5% and part at an annual rate of 7.5%. his total return on the two investments was $81. how much was invested at each rate
Click here to see answer by solver91311(24713)

Question 986466: With an interest rate of 4.5% per annum, the sum of $234.00 was earned in simple interest over 2.5 years.
Click here to see answer by solver91311(24713)

Question 986465: Use the information given in the scenario to solve the problem:
Isaac deposits $2,000 in a savings account with an annually compounded interest rate of 3%. The amount of money in a account in the account in any year t after opening the account can be represented using the function f(t)=2000(1.03) to the t power. Isaac plans to take all of his savings out of his savings account in 6 3/4 years. How much money will he have in his savings at that time?
Click here to see answer by solver91311(24713)

Question 986515: If a person saves 600 per month which is 15 persent of his total income what will be his total income?
Click here to see answer by Cromlix(4381)

Question 986578: Janet has $120. If she saves $20 per week, in how many days will she have $500 dollars?
Click here to see answer by solver91311(24713)

Question 986600: Part of a $10,000 investment is to be invested in an account paying 2% interest, and the rest in an account paying 3%. Choose a variable to represent the amount invested at 2%. Then write an expression that represents the amount invested at 3%.
Click here to see answer by solver91311(24713)

Question 986580: a woman invested a sum of money at 6% and 3000 dollars more than 9%. If the total interest earned in one year is 4710 dollars, how much was invested at each rate?
Click here to see answer by macston(5194)

Question 986614: Kenya plans to make a down payment Plus monthly payments in order to buy a motorcycle at one dealer she would pay $2,500 and $150 each month at another dealer, she would pay $3,000 down and $125 each month. After how many months would the total amount paid be the same for both dealers? What would that amount be?
Click here to see answer by rfer(16322)

Question 986623: Michaela pays her cell phone service provider $49.95 per month for 500 minutes. Any additional minutes used cost $0.15 each. In June, her phone bill is $61.20 . How many additional minutes did she use?
Click here to see answer by macston(5194)

Question 986692: jonas has four pieces of dollar notes in his pocket. the total amount of dollar notes is $109. what are the dollar notes jonas has?
Click here to see answer by Fombitz(32388)

Question 986749: The equation V = -2000t + 20,000 describes the value in dollars of a certain model of car after it is t years old. If a car is worth $14,000, find the age of the car.
Click here to see answer by solver91311(24713)

Question 986761: Present value: Cheryl wants to have 4,600$ in spending money to take on a trip to Disney world in 3 years. How much must she deposit now in a savings account that pays 4% to have the money she needs in three years?
To have 4600$ in 3 years Cheryl would need to deposit ? $_______
Click here to see answer by Boreal(15235)

Question 986760: Future value: Sandra wants to deposit 180 dollars each year for her son. If she places her deposits in a savings account that pay 4% per year, what amount will be in the account in 22 years?
If she placed it in a savings account that pays 4 percent, the amount that will be in the account in 22 years is? $______
Click here to see answer by Boreal(15235)

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