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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 1016199: cindy has 17 bills in her wallet. some are $10 bills and some are $20 bills. the total value of the bills are $230. how many $10 bills and how many $20 bills does she have?
Click here to see answer by Alan3354(69443)

Question 1016013: Laura deposited $250 in a bank account that earned 2% simple interest. She made no other deposits and did not withdraw any money for 3 years. The interest she earned remained in the account.
How much was in the account at the end of 3 years?
Click here to see answer by fractalier(6550)

Question 1016169: Maria has a car that she could sell for about 7000 according to her uncle who is a used car dealer.However, she still owes 2,000 on her car loan.She has 1100 in her checking account and 300 in cash. What is maria's net worth?
Click here to see answer by fractalier(6550)

Question 1016042: The daily sales of a video game company can be modeled by the function x where s(p) is the amount of sales and p is the price per game. What is the maximum amount of sales the company can expect to make?
Click here to see answer by Boreal(15235)

Question 1016230: If a number is added to the numerator of
7/9 and the same number is subtracted from the denominator, the result is 3. Find the number.
Click here to see answer by fractalier(6550)

Question 1016229: A plane can fly 680 miles in the same time as it takes a car to go 280 miles. If the car travels 100 mph slower than the plane, find the speed of the plane.
Click here to see answer by fractalier(6550)

Question 1016260: If a bank will only allow you to finance 110% of retail value on a vehicle and the retail value is 10,000. How much can you finance
Click here to see answer by macston(5194)

Question 1016302: plzz solve this
The distributor of Nikita power tools is offering a trade discount of 36% to hardware stores. What will be the stores� cost to purchase a rotary saw listed at $171? (Round your answer to 2 decimal places.)

Click here to see answer by addingup(3677)

Question 1016303: plzz hepl me solve this equation
A retailer is eligible for a formula6.mml discount.
How much will the retailer pay for an item that lists for $995? What is the amount of the discount? (Round your answers to 2 decimal places.)

Amount of discount = $
Net price = $
Click here to see answer by addingup(3677)

Question 1016304: plz help me solve this
If an item that lists for $49.95 is sold to a member of the distribution chain for $34.97, what is the amount of the discount? What discount rate is being applied? (Round the amount and the percentage values to 2 decimal places.)

Amount of discount = $
Discount rate =
%

Click here to see answer by addingup(3677)

Question 1016301: pzll solve this
An invoice shows a net price of $178.72 after trade discounts of 30%, 10%, and 4% have been deducted.

a.
What was the list price of the goods? (Round your answer to 2 decimal places.)

Price $

b.
What single rate of trade discount would be equivalent to the discount series? (Round your answer to 2 decimal places.)

Single rate
%
Click here to see answer by addingup(3677)

Question 1016300: plzzsolve this
After a discount of $259.75, a distributor paid $892.75 to purchase an item from a manufacturer. What rate of discount was applied to the purchase? (Round your answer to 1 decimal place.)

Click here to see answer by rothauserc(4718)

Question 1016360: How long will it take for a sum of money to double itself at 10% simple interest.
Click here to see answer by addingup(3677)

Question 1016374: kim is willling to invest $250 per month from the time she is 23 until the time she retires at the age of 58. She will invest her money into a money market account earning 8% interest, compounded annually.
I don't understand how to solve this word problem or how to go about solving it. I keep getting an answer in the 40,000s but the answer is supposed to be $516,950.41.
Click here to see answer by Boreal(15235)

Question 1016653: PLzz solve this
How much would be required on July 7 to settle an invoice of $811.49 dated June 27 with credit terms 2/10, 1/20, n/60? (Round your answer to 2 decimal places.)

Click here to see answer by Alan3354(69443)

Question 1016655: plzz help me to solve this

A merchant pays a 3.5% fee to the Bank of Montreal on all MasterCard sales.

a.
What amount will she pay on sales of $17,546 for a month? (Round your answer to 2 decimal places.)

Merchant fee $

b.
What were her gross sales for a month in which the bank charged total fees of $767.88? (Round your answer to 2 decimal places.)

Gross sales $

Click here to see answer by addingup(3677)

Question 1015419: The count of discourage unemployed workers rose to 503,000, 2 1/2 times as many as in the previous year. How many discouraged unemployed workers were there in the previous year?
Click here to see answer by fractalier(6550)

Question 1016734: a money leader charged 0.06 time of his money as interest for 8 month find the rate of interest per annual
Click here to see answer by FrankM(1040)

Question 1016806: Last year Rachel invested money in two accounts. The first account had an interest rate of 6% and the second account had an interest rate of 4%. If she invested $300 more in the first account than the second and her total interest income was $608, how much did she invest at each rate?
Step 1 of 3 : Complete the following table by entering the missing values. Enter the rates in decimal for
Click here to see answer by stanbon(75887)

Question 1016536: After a discount of $267.25, a distributor paid $895.75 to purchase an item from a manufacturer. What rate of discount was applied to the purchase? (Round your answer to 1 decimal place.)

Click here to see answer by Cromlix(4381)

Question 1016986: two planes, which are 3400 miles apart, fly toward each other .their speeds differ by 50mph.if they pass each other in 4 hours, what is the speed of each?
Click here to see answer by macston(5194)

Question 1017045: Lisa invest money in a 4 percent account and twice as much in a 4.5 percent account how much did she invest in each account to earn 1,430 in one year
Click here to see answer by addingup(3677)

Question 1017202: In 1755 Bret Bighound made a bank account and put 10$ in it on January 1st 1755. the bank account has an annual interest rate of 5%. since then the interest has been COMPOUNDED quarterly. If you are correct in calculating the money as of December 31st 2000, you will be withdrawing the money out. My question is : Before you withdraw it, how much money will be in the account? I need to show all work. Thank you.
Click here to see answer by stanbon(75887)

Question 1017326: Can you help me solve this please;
Mel saves $5 for ever $100 he earns. What is the percentage of this?

Click here to see answer by rothauserc(4718)

Question 1017339: 9^x=6561 is equivalennt to?
Click here to see answer by Cromlix(4381)

Question 1017339: 9^x=6561 is equivalennt to?
Click here to see answer by Edwin McCravy(20056)

Question 1017459: An executive invests $21,000, some at 8% and some at 6% annual interest. If he receives an annual return of $1,600 how much is invested at each rate
Click here to see answer by addingup(3677)

Question 1017462: Kieth has 83 coins in nickels and dimes. He has a total of $6.95. How many dimes and how many nickels does Keith have
Click here to see answer by addingup(3677)

Question 1017633: Ryan deposits
$300
into an account that pays simple interest at a rate of
4%
per year. How much interest will he be paid in the first
5
years?
braydenkirk2015@gmail.com
Click here to see answer by fractalier(6550)

Question 1017735: Convert the following to decimals; do not round
.2%
Click here to see answer by KMST(5328)

Question 1017765: Convert the following to fractions in simplest form:
12 1/2%

Click here to see answer by FrankM(1040)

Question 1017782: If Laura bought 2.1 pounds of apples. Is the price per pound less than or greater than $1.00?
Click here to see answer by ikleyn(52786)

Question 1017835: If Laura bought 2.1 lbs of apples, is the price per lb greater or less than $1.00?

Click here to see answer by FrankM(1040)

Question 1017805: Samantha invested $4000 at 5.2% per annum interest for 5 years. What was the amount of her investment at the end of this time?

Click here to see answer by fractalier(6550)

Question 1017804: Samantha invested $4000 at 5.2% per annum interest for 5 years. What was the amount of her investment at the end of this time?

Click here to see answer by fractalier(6550)

Question 1017885: Scott starts with $10 and earns $5 and hour. Jill starts with $40 and earns $3 and hour. when will the two have the same amount of money in the same hours?
Click here to see answer by josmiceli(19441)

Question 1017743: Convert the following to decimals;do not round
7 5/10%
Click here to see answer by Alan3354(69443)

Question 1018106: Nico is saving money for his college education. He invests some money at 8%, and $1900 less than that amount at 3 %. The investments produced a total of $240 interest in 1 yr. How much did he invest at each rate?
Click here to see answer by addingup(3677)

Question 1018180: Two investments totaling $16,000 produce an annual income of $1,140. One investment yields 6% a year, while the other yields 8% a year. How much is invested at each rate?
Click here to see answer by stanbon(75887)

Question 1018074: Please help me solve this: Face $1440; dated 5/15/76; due in 120 days; bears interest at 8 1/2%; discounted for sale on 6/14/76 at the discount rate 7 1/2%. Find the proceeds of discounting.
Click here to see answer by solver91311(24713)

Question 1018259: Last year, Alonzo had
$20,000
to invest. He invested some of it in an account that paid
6%
simple interest per year, and he invested the rest in an account that paid
10%
simple interest per year. After one year, he received a total of
$1280
in interest. How much did he invest in each account?
Click here to see answer by addingup(3677)

Question 1018458: Third-quarter earnings of a Milwaukee-based mortgage insurance firm were up 19% from $122.9 million. How much were the new earnings? Round to the nearest hundred thousand.
Click here to see answer by addingup(3677)

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