Tutors Answer Your Questions about Money Word Problems (FREE)
Question 1039404: joe was working out his budget and he found he spent one third of the total on food and two fifths on rent. he spent $220 on just food and rent. write an equation and solve it to work out the total amount of how's budget.
Click here to see answer by Aldorozos(172)  |
Question 1039611: A man give equal shares of one-fourth of his property to his daughter and son and the rest to his wife.His wife give one-third of her share to donation,one third of her share equals to 10000.Find the mans total value of his property,and the amount each person gets.
Click here to see answer by josmiceli(19441)  |
Question 1039606: Suppose that at age 25 you decide to save for retirement by depositing $50 at the end of each month in an IRA that pays 5.5% compound monthly.
A How much will you have from the IRA when you retire at age 65?
B Find the interest.
Click here to see answer by addingup(3677)  |
Question 1039606: Suppose that at age 25 you decide to save for retirement by depositing $50 at the end of each month in an IRA that pays 5.5% compound monthly.
A How much will you have from the IRA when you retire at age 65?
B Find the interest.
Click here to see answer by Alan3354(69443)  |
Question 1039604: suppose that you earned a bachelor's degree and now you're teaching high school. the school district offers teachers the opportunity to take a year off to earn a masters degree. To achieve this goal, you deposit $2000 at the end of each year into an annuity that pays 7.5% compounded annually.
A.how much will you have saved at the end of 5 years?
b. Find the interest.
Click here to see answer by addingup(3677) |
Question 1039298: Bell metal which is a for of bronze is used for casting bells.it is an alloy of copper and tin.to manufacture bell metal requires 17 parts of copper to every 3 parts of tin.
1) express the requirement ratio ?
2) express the amount of tin required as a percentage of the total?
Click here to see answer by addingup(3677) |
Question 1039664: How do you calculate the value of an account
whose interest is compounded continuously? And how to use natural logarithms to
find the time at which the account will have a specified value in the answer.
Section for reference: https://i.imgsafe.org/40343a832c.png
Click here to see answer by rothauserc(4718)  |
Question 1039695: How would you find the percent decrease in the value of this car each year? And how do you find the value of a car for any given year when the rate of depreciation is known?
Example for reference: https://i.imgsafe.org/437d6862ef.png
Click here to see answer by Theo(13342)  |
Question 1039898: 1. What annual interest rate, to the nearest tenth, will produce $5760 if $3500 is left at interest compounded annually for 10yr?
2. Suppose the inflation rate is 4%. Use the formula for continuous compounding to find the number of years, to the nearest tenth, for $1 item to cost $2.
Click here to see answer by josmiceli(19441) |
Question 1040211: If $5400 is invested in an account earning 7% annual interest, compounded continuously, the number of years it takes for the amount to grow to $10,800 is  . Find the number of years it takes for $5400 to double in this situation.
What steps do I need to take to solve this?
Click here to see answer by JoelSchwartz(130) |
Question 1040250: If 90 people attend a concert and tickets for adults cost $2.25 while tickets for children cost $1.5 and total receipts for the concert was $163.5, how many of each went to the concert?
Ngoc invests a total of $22,000 in two accounts paying 8% and 11% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $1,835.00.
$ was invested at 8% and
$ was invested at 11%.
Jolene invests her savings in two bank accounts, one paying 4 percent and the other paying 10 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 7164 dollars. How much did she invest at each rate?
Amount invested at 4 percent interest is $
Amount invested at 10 percent interest is $
If 78 people attend a concert and tickets for adults cost $3.75 while tickets for children cost $3 and total receipts for the concert was $267, how many of each went to the concert?
adults
children
If 90 people attend a concert and tickets for adults cost $2.25 while tickets for children cost $1.5 and total receipts for the concert was $163.5, how many of each went to the concert?
adults
children
Alan invests $10700 in two different accounts. The first account paid 10 %, the second account paid 6 % in interest. At the end of the first year he had earned $858 in interest. How much was in each account?
$ at 10 %
$ at 6 %
Scott invests $9100 in two different accounts. The first account paid 12 %, the second account paid 10 % in interest. At the end of the first year he had earned $1028 in interest. How much was in each account?
$ at 12 %
$ at 10 %
Guadalupe invests $1100 in one account and $2500 in an account paying 1 % higher interest. At the end of one year she had earned $277 in interest. At what rates did she invest?
$1100 invested at %
$2500 invested at %
Your help i greatly appreciated.
Thank you
Click here to see answer by addingup(3677) |
Question 1040250: If 90 people attend a concert and tickets for adults cost $2.25 while tickets for children cost $1.5 and total receipts for the concert was $163.5, how many of each went to the concert?
Ngoc invests a total of $22,000 in two accounts paying 8% and 11% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $1,835.00.
$ was invested at 8% and
$ was invested at 11%.
Jolene invests her savings in two bank accounts, one paying 4 percent and the other paying 10 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 7164 dollars. How much did she invest at each rate?
Amount invested at 4 percent interest is $
Amount invested at 10 percent interest is $
If 78 people attend a concert and tickets for adults cost $3.75 while tickets for children cost $3 and total receipts for the concert was $267, how many of each went to the concert?
adults
children
If 90 people attend a concert and tickets for adults cost $2.25 while tickets for children cost $1.5 and total receipts for the concert was $163.5, how many of each went to the concert?
adults
children
Alan invests $10700 in two different accounts. The first account paid 10 %, the second account paid 6 % in interest. At the end of the first year he had earned $858 in interest. How much was in each account?
$ at 10 %
$ at 6 %
Scott invests $9100 in two different accounts. The first account paid 12 %, the second account paid 10 % in interest. At the end of the first year he had earned $1028 in interest. How much was in each account?
$ at 12 %
$ at 10 %
Guadalupe invests $1100 in one account and $2500 in an account paying 1 % higher interest. At the end of one year she had earned $277 in interest. At what rates did she invest?
$1100 invested at %
$2500 invested at %
Your help i greatly appreciated.
Thank you
Click here to see answer by ikleyn(52748)  |
Question 1040316: Here's my problem:
Rosalinda invested some of her $15,000 in bonds that made a 6% profit and the rest in bonds that made a 10% profit. If the profit on the 10% bonds was $1,000 more than the profit on the 6% bonds, how much did Rosalinda invest in the 6% bonds?
Click here to see answer by stanbon(75887) |
Question 1040328: Here's my question:
Anne-Sophie invested some of her $20,000 in bonds that made an 8% profit and the rest in bonds that made a 7% profit. If the profit on the 8% bonds was $700 more than the profit on the 7% bonds, how much did Anne-Sophie invest in the 7% bonds?
Click here to see answer by josmiceli(19441) |
Question 1040512: Donut Delights, Inc. has determined that when x donuts are made daily, the profit P, in dollars, is given by
P(x) = –0.002 x2 + 4.1x – 1600
(a) What is the company’s profit if 700 donuts are made daily? answer___
(b) How many donuts should be made daily in order to maximize the company’s profit? Show work
Click here to see answer by stanbon(75887) |
Question 1040512: Donut Delights, Inc. has determined that when x donuts are made daily, the profit P, in dollars, is given by
P(x) = –0.002 x2 + 4.1x – 1600
(a) What is the company’s profit if 700 donuts are made daily? answer___
(b) How many donuts should be made daily in order to maximize the company’s profit? Show work
Click here to see answer by josmiceli(19441) |
Question 1040593: Two groups of people went into the shop. The first group bought four hotdogs and six juices and paid 71 dollars. The second group bought three hotdogs and seven juices and paid 67 dollars. What were the prices for the hotdogs and juices?
Click here to see answer by jorel555(1290) |
Question 1040758: If I have 43000 and I invest part of it on bonds paying 4% interest Annual and some to life inc paying 8% interest annual. And the total interest from this investment after 1year is 2880 how much did I invest in bonds
Click here to see answer by Boreal(15235)  |
Question 1041339: Ron Smith has cumulative earnings of 77,800 dollars. This week he grossed 2,000 dollars. Assuming an FICA rate of Social Security 6.2 percent on 113,700 dollars and a Medicare rate of 1.45 percent, what is the amount of Social Security and Medicare taken out of Ron’s earnings this week?
Click here to see answer by jorel555(1290) |
Question 1041415: Jill wants to save to buy a car. She decides to open a banking account that is offering a simple interest rate of 4.5% annually. How much will Jill have in her account after 5 years if she deposits $7,000 today?
Click here to see answer by stanbon(75887) |
Question 1041423: Jill wants to save to buy a car. She decides to open a banking account that is offering an interest rate of 4.5% compounded annually. How much will Jill have in her account after 5 years if she deposits $7,000 today?
Click here to see answer by Alan3354(69443) |
Question 1041416: Jill wants to save to buy a car. She decides to open a banking account that is offering an interest rate of 4.5% compounded annually. How much will Jill have in her account after 5 years if she deposits $7,000 today?
Click here to see answer by Alan3354(69443) |
Question 1041437: Last year, Sung opened an investment account with $5600.At the end of the year, the amount in the account had increased by 6.5%. How much is this increase in dollars? How much money was in his account at the end of last year?
Click here to see answer by jorel555(1290) |
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