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

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Question 995884: How many cents do I need to make 2.75
in nickos

Click here to see answer by Theo(13342)

Question 995911: Graces bank account has $6.20 in nickels, dimes,and quarters. There are 56 coins total with twice as many nickels as quarters. How many quarters are there?
If you could send me the equation that you plugged the info into it would be greatly appreciated.
Click here to see answer by stanbon(75887)

Question 995977: A salesman recieved a bonus of $8010 last yearend. What was the bonus amount as a percentage of his yearly base salary of $45000?
Click here to see answer by Boreal(15235)

Question 995951: Antonio spends one third of his paycheck on rent one fourth on food and one sixth on utilities what fractional part of his paycheck does he have left for other expenses
Click here to see answer by josmiceli(19441)

Question 996058: A part of a sum of money is invested at 5% and the other part which is three times as much as the first at 8%. The total annual interest earning is 58,000. How much is invested at each rate?
Click here to see answer by ikleyn(52748)

Question 996101: if $6000 is deposited into an account and the interest rate is 9%/year. how much is in the account after 7 years.
I need to find the annually.
here are my calculation for it and I would be glad if you could show me where I did my mistake.
a=p(1+r/n)n.t
6000(1+0.09/12)12(7)
45939.88
Click here to see answer by Boreal(15235)

Question 996107: part of 100,000.00 invested at 5% and the rest at 6%. if the income from both invesment is 5,400.00. how much invested at each rate?

Click here to see answer by macston(5194)

Question 996290: calculate the simplest interest earned on a 2 year investment of $1,550 at a 8 3/4% annual interest rate.
Click here to see answer by fractalier(6550)

Question 996347: Alice invests $5000 at Bob's bank and $8000 at Charlie's bank. Bob compounds interest continuously at a nominal rate of 10%. Charlie compounds interest continuously at a nominal rate of 7%.
A). In how many years will the two investments be worth the same amount?
B). When both investments are worth the same amount, how much will each be worth?
My work so far: 8000e^(.07t)=5000e^(.1t)
Thats all I've been able to figure out. I just do not know where to go from there.

Click here to see answer by stanbon(75887)

Question 996396: Mitchell gets paid $20 at his job. If he works more than 40 hours in a week he gets paid $30 an hour. He got paid $480 last week. Write and an equation that can be used to determine how mnay hours of overtime he worked.
Click here to see answer by addingup(3677)

Question 996444: A computer set is on a 40% discount. If Nancy bought it for Php 22,350. How much was the original price?
Click here to see answer by fractalier(6550)

Question 996443: The total revenue R is directly proportional to the numver of units sold x. When 25 units are sold, the revenue is Php 30,000. Find the revenue when 58 units were sold?
Click here to see answer by fractalier(6550)

Question 996679: I need help on this problem Kevin earned $450 in June for mowing lawns he spent $30 at the movies and spent 60 on expensive the rest of the money he put into his savings account what percent of his earnings did he put into his savings account
Click here to see answer by addingup(3677)

Question 996732: Dennis has Php 6,800 invested at 8%. How much money must he invest at 14% so that the total income from the two investments is Php 1,720.
Click here to see answer by stanbon(75887)

Question 996733: Donna bought Php 25 stamps and Php 50 stamps amounting to Php 1,750. If she has a total of 45 stamps, how many of each kind of stamp did she buy?
Click here to see answer by stanbon(75887)

Question 996730: In the planning of a taco restaurant, we estimate that if there is seating for between 10 and 40 people, the daily profit will be $10 per seat. However, if the seating capacity is more than 40 places, the daily profit per seat will be decreased by $0.20 per seat. What should the seating capacity be in order to maximize the taco restaurant�s total profit?
Click here to see answer by stanbon(75887)

Question 996761: Joni is considering job offers from two companies. Company A offered her a starting salary of $53,080 with a 5.2 % raise at the end of each year. Company B offered her a starting salary of $64,400 with a raise of $2500 at the end of each year.
If Joni works for Company A, her salary for any year is what % of her salary from the previous year.
%=?????
Thanks all.
Click here to see answer by Boreal(15235)

Question 996762: Two students are planning to buy some cardboard boxed at bookstore, they can buy either 7 small boxes and 9 medium boxes for 50pesos, or 5 small boxed and 10 medium boxes for 33pesos. Find the cost of each box
Click here to see answer by Theo(13342)

Question 996747: A bicycle is five years old. If it's value has been diminishing by 5% of its previous year's value and its book value is presently $500, what was its original value?
Click here to see answer by Alan3354(69443)

Question 996751: Jason invested $5000 in a bank savings account which offered 4.75% p.a. simple interest that is paid every six months. At the end of the first year Jason discovered that he could obtain an interest rate of 4.5% p.a. compounded monthly. If he kept all the previous interest in his account, how much interest could he earn in the next 12 months using this interest rate?
Click here to see answer by Theo(13342)

Question 996833: An investor wants to invest $25,000 into two municipal bonds that pay 5.2% and 6% simple interest annually. The investor wants an annual income of $1350. The amount that should be invested at 5.2% is?
Click here to see answer by josmiceli(19441)

Question 996876: Labor on my lawn mower took 0.6 hr at $64.00 a hr. Labor. What is the cost for labor
0.6 is how many min in 1 hr
Thank you
Click here to see answer by rfer(16322)

Question 996937: If you have a ancient coin and it raises its value every year by $20. In 4 years its worth $260. Write the equation y is the value of dollars and x is the years.

Click here to see answer by josgarithmetic(39613)

Question 996926: Raul works two hours daily after school, Monday through Friday. On Saturdays he works eight hours at two dollars more per hour than on weekends. If he makes $142 per week how much does he make per hour on weekends
Click here to see answer by ikleyn(52748)

Question 996980: A car costs �6400 when it is new. It is sold later for �3600. What fraction is this of its original value ?
Click here to see answer by MathLover1(20849)

Question 997029: Jim purchased 2 pieces of property that had been foreclosed on by a local bank for a total of $330,000. When he sold these properties, on the first piece Jim earned a profit of 12% but on the second piece he lost 8%. his total profit was $18,000. How much did Jim pay for each property?
Click here to see answer by stanbon(75887)

Question 997039: can someone help with this problem:
suppose bob receives annual payments of $12,000 for as period of 10 years. the first payment will be made 4 years from now. if the interest rate is 6%, what is the present value of the stream of payments?
Click here to see answer by Theo(13342)

Question 997156: A music concert charges $25 for an adult and $15 for a child. A group of adults and children attended the concert and paid a total of $190. If there were two more children than adults, how many children and adults were in the group?
Click here to see answer by Boreal(15235)

Question 997186: Caresia is an artist who works at a her shop drawing �watercolor portraits.� She charges $20 per portrait and she has been averaging 30 portraits per week. She decides to increase the price, but realizes that for every one dollar increase she will lose one sale per week. If materials cost her $10 per portrait, what should she set the price at in order to maximize her profit?
Click here to see answer by josmiceli(19441)

Question 997419: I have to solve by using system of equations but I keep checking it and I keep getting it wrong! :(
Jane invests $100,000 in two accounts, she would like to earn $4800 a year. Jane invests part of the money in an account paying 3% simple interest and the rest in an account paying 6%. How much should Jane invest in each account to earn the $4800?
Click here to see answer by josgarithmetic(39613)

Question 997622: (Algebra)
A family allows 1/3 of its income for housing and 1/4 of its income for food. It budgets a total of $1050 a month for housing and food. What is the family's monthly income?
Click here to see answer by MathLover1(20849)

Question 997639: You have 70000 dollars to invest for 7 years. Which investment will provide the gather return, 5 percent compounded yearly or 4.75 compounded monthly?
Click here to see answer by Boreal(15235)

Question 997702: A broker has twice as much money invested at 8% as he has invested a 6.5% if his total income from the two investments is $2700 how much does he have invested at each rate?
Click here to see answer by addingup(3677)

Question 997765: Determine the simple interest rate at which 1350.00 will grow to 1400.00 in the 3 months. Round your answers to the nearest tenth of percent.
Click here to see answer by josmiceli(19441)

Question 997772: Carlos invested 7000 in a money market mutual fund that pays interest on a daily basis. The balance in his account at the end of 8 mo (245 days) was 7432. Find the effective rate at which Carlos's account earned interest over this period (assume a 365-day year).
Click here to see answer by addingup(3677)

Question 997831: Mary's salary was increased by 10%. She now earns $1650. What was her salary before?
Click here to see answer by fractalier(6550)

Question 997844: A contractor forfeits 30% on any overdue contract. If a contract worth $ 25 000 is overdue, how much does the contractor receive?
Click here to see answer by fractalier(6550)

Question 997767: Determine the simple interest rate at which 1350 will grow to 1400 in the 3 months. Round your answers to the nearest tenth of percent
Click here to see answer by fractalier(6550)

Question 997882: YOU EARN 15N DOLLARS FOR MOWING N LAWNS.HOW MUCH DO YOU EARN FOR MOWING ONE LAWN? SEVEN LAWNS
Click here to see answer by solver91311(24713)

Question 998132: one state sales tax is 6%.if sales tax on the car is $564 find the price of the car before tax.
Click here to see answer by fractalier(6550)

Question 998028: An amount of money is invested at 3% and $2000 more is invested at 4%. If the interest earned is $920, how much was invested at each rate?
Click here to see answer by fractalier(6550)

Question 998177: If $130 is invested in a savings account that earns 4% interest per year, which of the following is closest to the amount in the account at the end of 10 years?
A) $218
B) $192
C) $168
D) $324
Click here to see answer by solver91311(24713)

Question 998214: How many pounds of lima beans that cost $0.90/ pound must be mixed with 16 pounds of corn that costs $0.50/pound to make a mixture of vegetables that costs $0.65/pound?
Click here to see answer by josgarithmetic(39613)

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