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

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Question 1004871: The amount of money, A, accrued at the end of n years when a certain amount, P, is invested at a
compound annual rate, r, is given by A=P(1+r) n . If a person invests $110 in an account that pays 5% interest compounded annually, find the balance after 15 years.

Click here to see answer by fractalier(6550) About Me 

Question 1004873: The amount of money, A, accrued at the end of n years when a certain amount, P, is invested at a
compound annual rate, r, is given by A=P(1+r) n . If a person invests $110 in an account that pays 5% interest compounded annually, find the balance after 15 years.

Click here to see answer by fractalier(6550) About Me 
Question 1004873: The amount of money, A, accrued at the end of n years when a certain amount, P, is invested at a
compound annual rate, r, is given by A=P(1+r) n . If a person invests $110 in an account that pays 5% interest compounded annually, find the balance after 15 years.

Click here to see answer by addingup(3677) About Me 
Question 1004873: The amount of money, A, accrued at the end of n years when a certain amount, P, is invested at a
compound annual rate, r, is given by A=P(1+r) n . If a person invests $110 in an account that pays 5% interest compounded annually, find the balance after 15 years.

Click here to see answer by Cromlix(4381) About Me 

Question 1004875: The number of bacteria present in a culture after
t minutes is given as B=100ekt. If there are 3294 bacteria present after 6 minutes, find k.

Click here to see answer by fractalier(6550) About Me 

Question 1004839: how long will it take a principal to earn half of itself if invested at 12 percent simple interest?
Click here to see answer by fractalier(6550) About Me 

Question 1004919: IfON=8x−3,LM=7x+6,NM=x−6,and
OL =5y + 4, find the values of x and y given that LMNO is a parallelogram.

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Question 1004914: How much must you deposit in an account that pays 7% semi-annual interest, compounded annually, to have a balance of 4000$ in 15 years?
Click here to see answer by addingup(3677) About Me 

Question 1005018: if you invest $5000 between two accounts paying 7% and 9% annual interest, respectively. If the total interest earned for the year was $430 how much was invested at each rest
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Question 1005016: Malden is paid $14.75 an hour. He gets paid time-and-a-half for each overtime hour he works over 40 hours a week. One week he makes $722.75. How many hours of overtime did he work?
Click here to see answer by fractalier(6550) About Me 

Question 1005003: An office spends $425.00 per month on office supplies. The manager wants the company to decrease office supply costs by 12%. How much money would that save each month?
Click here to see answer by fractalier(6550) About Me 

Question 1005180: If a friend and I each pay 50% for a $100 restaurant gift card being sold at 20% off and spend $80 at the restaurant leaving $20 on the card and I want to buy his portion if the remainder on the gift card, how much would I pay him so neither one of us makes a profit.
Click here to see answer by stanbon(75887) About Me 

Question 1005184: The lengths of the legs of an isosceles triangle are integers. The base is half as long as each leg. What are the possible lengths of the legs if the perimeter is between 6 units and 16 units?
Click here to see answer by stanbon(75887) About Me 

Question 1005182: Ivan drives to the metro station each morning and just to catch his train. He drives at an average speed of 30 miles per hour. Unfortunately this morning, there was a lot of traffic. At the halfway point Ivan found that he had averaged only 15 miles per hour. How fast must Ivan drive for the rest of the way to catch his train?
Click here to see answer by Boreal(15235) About Me 
Question 1005182: Ivan drives to the metro station each morning and just to catch his train. He drives at an average speed of 30 miles per hour. Unfortunately this morning, there was a lot of traffic. At the halfway point Ivan found that he had averaged only 15 miles per hour. How fast must Ivan drive for the rest of the way to catch his train?
Click here to see answer by josgarithmetic(39616) About Me 

Question 1005189: Ingrid invested $24,000 in two separate accounts, a mutual fund and a CD that pay 8% and 9% annual interest, respectively. If her annual interest was $2,020 how much did she invest in each account?
Click here to see answer by stanbon(75887) About Me 

Question 1005188: Paul's second test score was 8 points higher than his first test score. His third score was 88. He had a B average (between 80 and 89, inclusive) for the three tests. What can you conclude about his first test score? It was between:
Click here to see answer by stanbon(75887) About Me 

Question 1005183: Max and Rebecca are in cars 120 miles apart. Both drivers are going at a constant speed of 30/mph and 40/mph respectively. How far apart will the 2 cars be in exactly 1 hour before they meet?
Click here to see answer by stanbon(75887) About Me 

Question 1005204: An amount of $2900 is borrowed for 6 months at an annual interest rate of 5.00%. Find the simple interest that is owed.

Click here to see answer by rfer(16322) About Me 

Question 1005225: How do I solve?? 13 footladder latter is placed so that it reaches to a point on the wall that is 2 feet higher than twice the distance from the base of the wall to the base of the ladder. How far from the wall is the base of the ladder? How high does the ladder reach???please help me..
Click here to see answer by Theo(13342) About Me 

Question 1005209: jamie made a veggie tray for her friend's birthday party. It had celery $1.25/stalk and corrots cost $.95/bunch. It was a big party, so sher purchased 18 veggies and paid $20.40. Write a system of equations and solve it.
Click here to see answer by Cromlix(4381) About Me 

Question 1005326: A principal earns 8.5% per year simple interest. How long will it take for the future value to quadruple?
t = years

Click here to see answer by Boreal(15235) About Me 

Question 1005349: How many months will it take $640 invested at 3.35% to earn $250 interest?
Click here to see answer by rfer(16322) About Me 

Question 1005356: Adam is 24 years older than his son, Jessie. Four years from now, Jessie will be 2/5 of his father's age at that time. What is Adam's present age?
Click here to see answer by stanbon(75887) About Me 

Question 1005357: There is a number less than 3000 that when divided by 2 leaves a remainder of 1, when divided by 3 leaves a remainder of 3 and so on until 9. What is the number?
Click here to see answer by richard1234(7193) About Me 
Question 1005357: There is a number less than 3000 that when divided by 2 leaves a remainder of 1, when divided by 3 leaves a remainder of 3 and so on until 9. What is the number?
Click here to see answer by ikleyn(52776) About Me 

Question 1005517: On monday , the value of maria's 225 shares of stock was at an all-time high. By Friday the value had fallen 5,625. What was her per-share loss that week?
Click here to see answer by macston(5194) About Me 

Question 1005542: Bill has four time as many quarters as dimes. In all, he has 2.20 dollar. How many of each type does he have?
Like I understand how to do it but I just don't understand how to make a equation out of "Four times as many quarters as dime"

Click here to see answer by Alan3354(69443) About Me 

Question 1005641: Kara categorized her spending for this month into four categories: Rent, Food, Fun, and Other. The amounts she spent in each category are pictured here.
Graphs
What percent of her total spending did she spend on Fun? Answer to the nearest whole percent.
%

Click here to see answer by fractalier(6550) About Me 

Question 1005766: Stan has-$20 in his bank account but greater than-$21 . What is his account balance
Click here to see answer by Alan3354(69443) About Me 

Question 1005820: Angela found out that her grandmothers antique watch is worth five hundred dollara and increasing in value by five percent every year. What will the value of the watch be in twenty years?
Click here to see answer by rfer(16322) About Me 

Question 1005811: At $13.40 a meter, How much do 4.25 meters of material cost?
Click here to see answer by rfer(16322) About Me 

Question 1005520: The hypotenuse of a right triangle is 15 inches. One of the legs is 3 inches more than the other. Find the length of the two legs.
Click here to see answer by fractalier(6550) About Me 

Question 1005278: The annual Social Security benefit of a retiree depends on the age at the time of retirement. At age 64 it is $8,000 and at age 67 it is $10,000.
What is the annual benefit for a person who retires at age 66?

Click here to see answer by fractalier(6550) About Me 

Question 1006041: Mr. Taylor withdrew $220 from the bank. The bank teller gave Mr. Taylor 16 bills, which were all $10 bills and $20 bills. How many $10 bills and how many $20 bills did the bank teller give Mr. Taylor?

Click here to see answer by AnlytcPhil(1806) About Me 

Question 1006158: in a sale a discount of 121/2 percent is given for cash purchases . HOW MUCH WOULD SAM PAY FOR A COMPUTER WHICH IS PRICED AT $480.00

Click here to see answer by fractalier(6550) About Me 

Question 1006339: At a concession stand, one person purchased 3 drinks and 3 pretzels for $9.00.
Another person buys 4 drinks and 2 pretzels for $8.50. What is the price of one drink?

Click here to see answer by lwsshak3(11628) About Me 

Question 1006367: How much of a perfume that sells for $15 per ounce should be mixed with a perfume that sells for $35 per ounce to create a 3oz bottle worth $63?
Amount of $15 perfume= []oz

Click here to see answer by rothauserc(4718) About Me 

Question 1006571: Money is invested in a savings account at 4% simple interest. After 1 year, there is $364 in the account. How much was originally invested?
I can never remember the formula for this type of equation. I know you have to either multiply or divide the % by the $364 to get the amount of interest per month, and then multiply that number by 12 for the 12 months. And then subtract that number from the $364 to find the original amount. I just don't know that first step.

Click here to see answer by addingup(3677) About Me 

Question 1006644: Newton's Law of Cooling describes the way the temperature of objects adjusts to the ambient temperature over time. This relationship is an exponential function. Let H(1)=93(0.91)^t+68 describe the temperature of a beverage (in degrees F)t minutes after a Dunkin Donuts employee hands it to you.
a. Is the beverage hot coffee or iced coffee? How can you tell by looking at the equation?
b. What is the asymptote of the graph of H(t) and what does it mean in the context of this problem?
c. Sketch a rough graph of H(t).
d. Calculate the coordinates of the y-intercept of H(1). What do they mean in the context of the problem?
e. What is the range of H(t)?
f. What is the value of H (10)and what meaning does it have in context?
g. Exactly when does the temperature hit 90 degrees? Solve with logs.
g. Exactly when does the temperature hit 75 degrees? Solve with logs.

Click here to see answer by stanbon(75887) About Me 

Question 1006765: Hello, I'm a little confused on this equation. I've tried all sorts of solutions and looked through my notes, but I'm still having some trouble. Please help!I really appreciate your help!
Problem:
The expression 65.5x + 150 represents the cost of manufacturing x calculators.
Equation:
65.5x + 150=6176

Click here to see answer by ankor@dixie-net.com(22740) About Me 

Question 1006812: David works a job where he earns 4.5% on all sales. On Monday he sold $1700 worth of goods. On Tuesday, $1800, Wednesday $1400 and Friday $1500. How much will David be paid for the week?
Click here to see answer by Cromlix(4381) About Me 

Question 1006917: A color printer prints 28 pages in 9 minutes. How many minutes does it take per page?
Click here to see answer by fractalier(6550) About Me 

Question 1007089: Charmaine's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Charmaine $5.75 per pound, and type B coffee costs $4.65 per pound. This month's blend used twice as many pounds of type B coffee as type A, for a total cost of $451.50
. How many pounds of type A coffee were used?

Click here to see answer by josgarithmetic(39616) About Me 

Question 1007174: Mr.Mosby takes his dog Sydney, to be groomed. The fee to groom a medium sized dog is $75 plus 7.75% tax. Is $80 enough to pay for the service? Why or why not?
Click here to see answer by josmiceli(19441) About Me 

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