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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 993554: How should Rolly invest 700,000 pesos, part at 3.6% simple interest and the remainder at 2.7% simple interest such that interest earned by both investments at the end of the year is the same?
Click here to see answer by ikleyn(52756)

Question 993528: You have a balance of $15,300 on your credit card with an 18% interest rate (1.5% per month). You pay $200 this month. Did your balance go up or down?

Click here to see answer by Theo(13342)

Question 993832: A part of $8000 was borrowed at 2% simple annual interest and the remainder at 4%. If the total amount of interest
after a year is $280, how much each was borrowed?
Click here to see answer by addingup(3677)

Question 993819: Suppose the inflation rate will be 4.5% for the next 12 years. What will a dozen large brown eggs cost in 9 years if it costs $2.25 toda
Click here to see answer by addingup(3677)

Question 993439: Find the interest that a $510 deposit will earn 3 months at 4.25% simple interest
Click here to see answer by farohw(175)

Question 993943: Mr. Baroody lost money on an investment at a rate of $9 per day. How much did he lose after three weeks?
Click here to see answer by fractalier(6550)

Question 993952: A total of $700 is invested for one year. Some of it is invested at 4% and the rest of it is
invested at 5%. At the end of the year, the total amount of interest earned is $30.
An amount of was invested at 4% and was invested at 5%
Click here to see answer by Boreal(15235)

Question 993966: Kat's annual salary is $68,300.She pays $165 per month on family health coverage. Her employer contributes $935 per month towards her total coverage cost. What percent does Kat contribute toward the total coverage?

Click here to see answer by Boreal(15235)

Question 993960: The property taxes on a business office were $2,447. What was the tax rate if the business office was valued at $150,000? Round your answer to the nearest hundredth of a percent.
Click here to see answer by Boreal(15235)

Question 993959: Adam wants to buy a home entertainment system costing $5000. The price of the system increases 4% per year. How much will the system cost in 3 years?
Click here to see answer by Boreal(15235)

Question 993947: a watch is 47 euros and you pay $20 in us money how much is your change
Click here to see answer by Alan3354(69443)

Question 993970: What is the annual yield for an investment that earns 10% compounded semi-annually? Please include the formula that you used to solve this problem.
Click here to see answer by stanbon(75887)

Question 993962: To help pay for his child's college education, a father invests $10,000 in two separate investments: part in a certificate of deposit paying 8.5% annual interest, the rest in a mutual fund paying 7%. The annual income on the certificate of deposit is $200 more than the annual income on the mutual fund. How much is invested in the mutual fund?
Click here to see answer by stanbon(75887)

Question 993982: 200 tonnes of oil were bought at one port for 60 per ton and 600 tonnes of oil were bought from another port for 70 per ton. what is the average cost of oil per ton?
Click here to see answer by ikleyn(52756)

Question 993884: the mean monthly salary paid to 75 employees In a company is rs.1420, the mean salary of 25 of them is rs.1350 and that of 30 others is rs.1425, the mean salary of the remaining is..
Click here to see answer by Theo(13342)

Question 942034: The Booster Club has a goal of raising at least $300. The Club has already raised $150. The Booster Club is sponsoring a pancake breakfast and charging $4.00 per ticket. What inequality would represent the number of tickets (t) that the Booster Club must sell to meet its goal?
Click here to see answer by robwes2001(1)

Question 994058: An exercise machine with an original price of $720 is on sale at 14% off what is the discount amount ? What is the excerise machine sale price
Click here to see answer by rfer(16322)

Question 993996: 15 pupils decided to buy a gift for their teacher. They agreed to share the cost equally. If the cost is GH�16�50 how much is each pupil expected to pay.
Click here to see answer by rfer(16322)

Question 994063: The principal P it's about at a simple interest rate R for period of time. T find the simple interest old for the use of the money. Assume there are 360 days in a year and round answers to the nearest cent.
P=$6000, r=3.0%, t= 6 months
I need help with this one please ??
Click here to see answer by MathTherapy(10549)

Question 994080: In order to start a small business,a student takes out a simple interest loan for 8000.00 for 6 months at a rate of 6.75%
A. How much interest must the student pay?
B. Find the future value of the loan.
I need help badly with this ???
Click here to see answer by rfer(16322)

Question 994084: Can anyone help Me with I been stumped on this problem for a hour
To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you $720. One month later, you get the guitar back by paying the pawnbroker $1472. What annual interest rate did you pay?
You will pay a simple interest rate of ???
Click here to see answer by rfer(16322)

Question 994221: In the lab, Elsa has two solutions that contain alcohol and is mixing them with each other. She uses
100 milliliters less of Solution A than Solution B. Solution A is 10% alcohol and Solution B is 13%
alcohol. How many milliliters of Solution B does she use, if the resulting mixture has
82 milliliters of pure alcohol?

Click here to see answer by josgarithmetic(39614)

Question 994427: The school that Beth goes to is selling tickets to a spring musical. On the first day of ticket sales the school sold
7 adult tickets and 4 student tickets for a total of $165. The school took in $105 on the second day by selling 3
adult tickets and 4 student tickets. Find the price of an adult ticket and the price of a student ticket.
Click here to see answer by Boreal(15235)

Question 994432: if you earn $6300 in commicion and your broker charges you 9% out of that how much do you get back

Click here to see answer by stanbon(75887)

Question 994541: If you make $13/hr, how long will it take to make $6,000
Click here to see answer by solver91311(24713)

Question 994625: shelly spent 70% of her money. She had $900 left. How much money she had at first?

Click here to see answer by fractalier(6550)

Question 994815: A purchase order includes items that cost a total of $8,200. Some of those items require an additional sales tax of 4% whereas the remaining items require a 5% sales tax. If the total sales tax is $330, how much is taxed at each rate?
Click here to see answer by josmiceli(19441)

Question 995070: a group of 5 children and 10 adults are going to a movie child tickets cost 3.50 and adults tickets cost 6.75 how much will the movie tickets cost in all
Click here to see answer by EdenWolf(517)

Question 995125: If i have a monthly income of $4400 and i want to spend 15% on entertainment how much would that be ?

Click here to see answer by ikleyn(52756)

Question 995209: A man divides his money among his 4 children. Joe gets half the money, Julie gets one-fourth the money, Adam gets one-fifth the money, and steven gets $700. How much money did the children get and how much did the man have?
Click here to see answer by ikleyn(52756)

Question 995251: On March 1, company borrowed 1500. Three equal payments are required on April 30, June 20, and August 10, and final payment of 400 on September 30 same year. If the focal date is September 30, what is the amount of the equal payments at 6.75%?
Click here to see answer by solver91311(24713)

Question 995253: I need help with This question:
How many pounds of regular Coffee that sells for $4 per pound and how many pounds of premium coffee that sells for $8 should be blended to obtain 24 pounds of a gourmet blend that sells for $6 per pound?
Click here to see answer by josmiceli(19441)

Question 995276: an investor invested a total of $2,300 in two mutual funds. one fund earned 6% profit An investor invested a total of $2300 in two mutual funds. One fund earned a 6% profit, and the other a 2% profit. If the total profit was $74, how much was invested in each mutual fund?
Click here to see answer by stanbon(75887)

Question 995269: if a sales rep earns $12 per hour plus $15 per unit sold how much will he have earned after 20 hours and 15 units sold?

Click here to see answer by fabiolaax33(2)

Question 995319: John decides to buy a new laptop computer. It is on sale for 20% off and he has a coupon for 15% off the sale price. If sales tax is 6%, how much will John pay?
Click here to see answer by josgarithmetic(39614)

Question 995264: The annual interest on a $10,000 investment exceeds the interest earned on an $8000 investment by $100. The $10,000 is invested at a 0.5% higher rate of interest than the $8000. What is the interest rate of each investment?

Click here to see answer by macston(5194)

Question 995376: You have $60 in your bank account. Each week you plan to deposit $6 from your allowance and $25 from your paycheck. The equation b=60+(25+6)w gives the amount b in your account after w weeks. How many weeks from now will you have $175 in your bank account
Click here to see answer by macston(5194)

Question 995498: A store employee notices that balance beams that cost her store $340 are being sold for $680. What is the mark-up percentage?
Click here to see answer by rfer(16322)

Question 995483: I am using the following formula for the problem but I'm not getting the right answer. PMT=PV Interest/1-(1+interest)-n
Problem: The Castlow family purchases a home for $330,000. They make a down payment of 20%, and finance the rest with a 30-year fixed mortgage at an annual interest rate of 4.8% compounded monthly. What is the amount of their monthly loan payment?
Click here to see answer by KMST(5328)

Question 995606: Ok, there is $50,000.00 plus to be divided amount seven people
6 of the 7 get 12% - the amount they receive is $8225.88
1 of the seven gets 28% what do they receive and what was the total to be divided?
Click here to see answer by Boreal(15235)

Question 995607: Henley earns $8.50 per hour at an amusement park. She receives a 12% raise when she becomes a manager at the gift store. How much more per hour does Henley earn and what are her new hourly earnings?
Click here to see answer by Boreal(15235)

Question 995632: Please help me solve this question: The sum of the first n odd numbers is 400. What is the value of n?
I have to use one of the arithmetic series formula.
Click here to see answer by MathLover1(20849)

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