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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 1090132: 105 oranges are bought for 50� and sold it at 3 for 2�. Find how much is gained.
Click here to see answer by josgarithmetic(39616)

Question 1090181: Jack's overtime wage is $3 per hour more than his regular hourly wage. He worked for 5 hours at his regular wage and 4 hours at his overtime wage. He earned $66 in total. What is his regular wage?
Click here to see answer by ikleyn(52775)

Question 1090356: owners of a marina bought 7 canoes to be used as rentals at a cost of $400 per canoe. They borrowed 60% of the total cost for 11 months at 8 and one half % interest. Find the amount due using simple interest.
Click here to see answer by addingup(3677)

Question 1090344: gavin has saved 1350 in the past 3 mouths. if the bike he wanted to buy is worth 9000 what percent of the amount has he saved?
Click here to see answer by Alan3354(69443)

Question 1090359: 7. Frank bought supplies for school. In the first store, he spent half of his money plus $10. In the second store, he spent half of what he had left, plus $10. In the third store, he spent 80% of what he had left. He came home with $5. How much did he start out with?
Click here to see answer by jorel1380(3719)

Question 1090432: Kelly invests $3000 in an account that earns 12% interest per year. Find the amount due at the end of 5 years if the sum is compounded daily
Click here to see answer by Boreal(15235)

Question 1090394: Find the future value of $2400 deposited at 8% for 6 years if the account pays simple interest, and the account pays interest compounded annually.
Thank you for your help!
Click here to see answer by math_helper(2461)

Question 1090393: Find the finance charge on an unpaid balance of $1449.24 in a revolving charge account if the monthly interest rate is 1.5%.
Thank you for your help!
Click here to see answer by Fombitz(32388)

Question 1090550: Huey has four dollars more than two times as many dollars as Louie. Dewey has four fewer dollars than two times as many dollars as Huey. How much money does each have if the total amount of money is 85?
Click here to see answer by addingup(3677)

Question 1090555: You get paid $7.00 a week per hour working at a restaurant. You want to buy a car that costs $9500. If you work an average of 15 hours of week, how long will it take you to earn the money to buy a car?
Click here to see answer by Tatiana_Stebko(1539)

Question 1090542: A principal of $7000 is invested in an account paying an annual rate of 4%. Find the amount in the account after 3 years if the account is compounded semiannually, quarterly, and monthly.

Click here to see answer by Theo(13342)

Question 1090606: I loaned $75,000 personal loan at 3 percent. How much would the person owe me per month? The loan will be paid back in 6 months.
Click here to see answer by Fombitz(32388)

Question 1090741: Nico is saving money for his college education. He invests some money at 7% ,and $1800 less than that amount at 4%.The investments produced a total of $236 interest in 1 yr. How much did he invest at each rate?
Click here to see answer by jorel1380(3719)

Question 1090668: if 700$ is deposited in an account paying 9 % compounded continuously then what amount will be in the account after 5 years?
Click here to see answer by jorel1380(3719)

Question 1090908: You've taken a $7300 loan for college at a rate of 7% compounded semiannually. How much do you owe on the loan after 3 years?

Click here to see answer by jorel1380(3719)

Question 1090978: A loan of $20420 was repaid at the end of 8 months. What size repayment check (principal and interest) was written if a 6.2% annual rate of interest was charged?
Click here to see answer by Alan3354(69443)

Question 1090993: Find the simple interest on 500 borrowed for 3 years at 8% per annum.
How do you do it?

Click here to see answer by Theo(13342)

Question 1090993: Find the simple interest on 500 borrowed for 3 years at 8% per annum.
How do you do it?

Click here to see answer by Alan3354(69443)

Question 1090951: Hari borrwed rupeee 450 from his friend at 6% annum. He returned the annum after eight months. How much money did he pay?
Click here to see answer by Alan3354(69443)

Question 1091000: A person bought 510 greeting cards at 3 for $4 dollars. He sold 2/3 (fraction) of them at 2 for $3 and the rest at 5 for $6.50. What profit did he make?
Click here to see answer by addingup(3677)

Question 1091049: Mary is charged $7800 for her home renovations. She paid monthly installments of $195 for 4 years. Calculate the simple interest per month she was charged.
Click here to see answer by josmiceli(19441)

Question 1091073: a weekend trip package to the beach includes a two night hotel stay and four meals. a week trip includes a seven night hotel stay and ten meals. the 2 night stay has a price of $439.94 and the seven night stay has a price of $1419.83. find the cost of one hotel stay and one meal
Click here to see answer by addingup(3677)

Question 1091087: The list of a Tv set is $1600
a) If a customer pays cash, he is entitled to a 9 1/2% (fraction) discount. How much does he have to pay?
b) If he pays 12 monthly installments. he is entitled to a 5 1/2% (fraction) discount. How much has he to pay per month?
Click here to see answer by josmiceli(19441)

Question 1091200: A certain bank pays 12 1/2% (Fraction) per annum simple interest. How much money must a man have in the bank if he will receive $650 interest in 2 years?
Click here to see answer by EMStelley(208)

Question 1091228: If I sold an apple for $2450, and I made a profit of 12%. Find the cost of that apple.
Click here to see answer by josmiceli(19441)

Question 1091228: If I sold an apple for $2450, and I made a profit of 12%. Find the cost of that apple.
Click here to see answer by jorel1380(3719)

Question 1091276: your boss offers to pay you either 2h -1h or 2h - 1 exponent dollars for each hour. which should you chose?
Click here to see answer by ikleyn(52775)

Question 1091406: You have a summer job that pays time and a half for overtime. That is, if you work more than 40 hours a week, your hourly wage for the extra hours is 1.5 times your normal hourly wage of $7.
a. Write a piecewise function that gives your weekly pay "P" in terms of the number "H" of hours you work.
b. How much will you get paid if you work 45 hours?
Click here to see answer by addingup(3677)

Question 1091433: I sold 6500 copies of a textbook at 6.50 each. if the author was paid 6% of the selling price for the first 3000 copies sold and 8% of the selling price of the remaining copies, find the amount of money the author received.
Click here to see answer by josmiceli(19441)

Question 1091432: A manufacturer allows a retailer a discount of 40% on the list price. What is the list price of a item for which the retailer pays $72？
Click here to see answer by josmiceli(19441)

Question 1091434: A shopkeeper makes a profit of 12% if he sells an article for $84.
a) Find the cost of the article
b) if 5 percent discount is allowed for cash payment. find the cash price of the article.
Click here to see answer by josmiceli(19441)

Question 1091451: You have a summer job that pays time and a half for overtime. That is, if you work more than 40 hours a week, your hourly wage for the extra hours is 1.5 times your normal hourly wage of $7.
a. Write and graph a piecewise function that gives your weekly pay "P" in terms of the number "H" of hours you work.
b. How much will you get paid if you work 45 hours?
Click here to see answer by addingup(3677)

Question 1091461: Each trip on a ride at the carnival cost $1.25 if Taylor goes on four rides
how much will it cost her
Click here to see answer by Boreal(15235)

Question 1091467: marta invests $8400 at 3.2%p.a for 8 years. what is the investment worth after 8 years?

Click here to see answer by addingup(3677)

Question 1091501: A discount of 15% was given for an article. Calculate the discount if it was sold for $510.
Click here to see answer by Tatiana_Stebko(1539)

Question 1091502: The rate of exchange between Singapore dollars and US dollars is S$1.40 to US$1.00
a) find the cost in S$, of a holiday in America which costs US$2500
b) find the cost in US$ of an airfare to Singapore which costs S$2310
Click here to see answer by addingup(3677)

Question 1091510: The list price of a pencil was $2500
a) if the discount for cash payment is 20%, how much does the buyer have to pay?
b) if the buyer pays a down payment is 10% of the list price and then $105 per month for 24 months, how much does he pay for the article?
Click here to see answer by Boreal(15235)

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