Tutors Answer Your Questions about Money Word Problems (FREE)
Question 1058140: I'm not sure if I'm setting it up correctly I know you use the P(t)=Pob^t
so is it P(3)= 1200(1-0.15)^t ?
a. The computer you want cost $1200 when it first came out on the market but after 3 months the price was reduced by 15%. What was was the price then?
b. If the price falls by another 15% next month, what will the price be then?
c. Did the price fall by the same amount each month? Why or why not
Click here to see answer by josgarithmetic(39613) |
Question 1058431: Craig and four of his friends had a car wash to earn some extra money. They split the profits and
Craig got an extra $18 to repay his parents for the car wash supplies. If Craig got $32, how much
total money did they split among themselves?
Click here to see answer by solver91311(24713)  |
Question 1058533: A service staition storage tank needs refilling as there are only 1500 liters left in tanks. Petrol is pumped into the tank at the rate of 750 litersper minutes
A. How much petrol isin the tank at the start of the third minutes?
B. Write an expression for the amount of petrol in the tank, An , at the start of the nth minutes?
C. The tank hold 15000 liters. How long does it take to fillthe tank?
Click here to see answer by Boreal(15235)  |
Question 1058399: an investor deposited some money at 1.5% annual interest, and two equal but larger amounts at 2.2% and 2.5%. The total amount invested was $25,000, and the total annual interest earned was $545. How much was invested at each rate?
Click here to see answer by solve_for_x(190) |
Question 1058590: Suppose you invest $1500 in equipment to put logos on coffee mugs. You buy each mug for $2. After you have placed the logo on the mugs, you sell them for $7 each. How many mugs must you sell to break even?
I had the idea to create an equation first but don't know where to start.
Click here to see answer by math_helper(2461)  |
Question 1058590: Suppose you invest $1500 in equipment to put logos on coffee mugs. You buy each mug for $2. After you have placed the logo on the mugs, you sell them for $7 each. How many mugs must you sell to break even?
I had the idea to create an equation first but don't know where to start.
Click here to see answer by jorel555(1290) |
Question 1058608: A cup of coffee is split on a carpet.it makes a stain that is 200cm^2 in atea. The stain contuinues to grow in size. In the first minute, the area of the stain grows by 40cm^2. In successive minutes it grows by 20 percent of the previous minute's growth. What is the final area of the stain?
Click here to see answer by Boreal(15235)  |
Question 1058411: The basic model of a particular car (2WD) with a power sunroof costs $27,485. When equipped with four-wheel drive (4WD) and a sunroof, the vehicle's price rose to $30,105. The cost of the basic model with 4WD was $29,405. Find the basic price, the cost of 4WD, and the cost of a sunroof.
Click here to see answer by ikleyn(52747)  |
Question 1058972: on november 20,2014 Georgia O'Keeffes paintings, "Jimson Weed/white flower No.1 sold at sothebys auction in new york city for $44.4 million a record price for any female artist sold. The painting had previously sold for 1 million in 1994 assuming that the value A of the paintings has grown exponentionally
Click here to see answer by ikleyn(52747)  |
Question 1059216: Graduation is 3 years away and you want to have $850 available for a trip. If your bank is offering a 3-year CD (certificate of deposit) paying 2.8% simple interest, how much do you need to put in this CD to have the money for your trip?
Click here to see answer by jorel555(1290) |
Question 1059598: You deposit $5,900 in an account earning 7.5% interest compounded quarterly. How much will you have in the account after 5 years?
Use n=12 for monthly compounding,n=4 for quarterly compounding, n=2 for semiannual compounding, and n=1 for annual compounding.)
Click here to see answer by addingup(3677)  |
Question 1059613: IS MY ANSWER CORRECT TUTORS ?
You deposit $4000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years?
Use n=12 for monthly compounding,n=4 for quarterly compounding,n=2 for semiannual compounding, and n=1 for annual compounding.)
4000 * [1 + (.05 / 12)]^(5 * 12)
=5133.434714
Click here to see answer by Alan3354(69443)  |
Question 1060065: A movie theater charges $7 for adults, $5 for school-age children, and $3 for babies. A group of people went to the theater. There were the same number of school-age children as babies and the number of adults was the same as school-age children and babies combined. If the group paid $1562, how many babies were in the group?
Click here to see answer by josgarithmetic(39613) |
Question 1060065: A movie theater charges $7 for adults, $5 for school-age children, and $3 for babies. A group of people went to the theater. There were the same number of school-age children as babies and the number of adults was the same as school-age children and babies combined. If the group paid $1562, how many babies were in the group?
Click here to see answer by ikleyn(52747)  |
Question 1060102: Two bond funds pay interest at rates that differ by 4%. Money invested for one year in the first fund earns $660 interest. The same amount invested in the other fund earns $880. Find the lower rate of interest.
Click here to see answer by jorel555(1290) |
Question 1060163: How much must you deposit every six months at 10% compounded semiannually if you want to $310,000 at
the end of 8 years? Do not round in intermediate steps. Then round UP to the nearest dollar. Then find the
interest
Click here to see answer by Boreal(15235)  |
Question 1060291: Kermit has agreed to paint Miss Piggy's house for $640.00. Unfortunately, it took Kermit 20 hours longer to paint the house than he had planned and he earned $1.60 per hour less than he had previously calculated. How much was Kermit's anticipated hourly wage to paint Miss Piggy's house?
Click here to see answer by ikleyn(52747)  |
Question 1060225: Tyler has two savings accounts that his grandparents opened for him. One of the accounts pay 7% annual interest, whereas the other pays 9% annual interest. If you have $300 more invested at 9% than you invested at 7%, how much do you have invested in each account if the total amount of interest you earn in a year is $107?
Perform the following additions and/or subtractions:
(5q3−8q2−1)−(−5q3+8q2+1)
Please help me. im so confused with these problems :(
Click here to see answer by Alan3354(69443)  |
|
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
|