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

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Question 1127512: A local Dominos sold a total of 1,600 small pizzas ($9) and pasta dinners ($13) during the Super Bowl. How many pizzas did Dominos sell if total sales were $15,600?
Click here to see answer by greenestamps(13200)

Question 1127592: Graduation is 2 years away and you want to have $1450 available for a trip. If your bank is offering a 2-year CD (certificate of deposit) paying 2.4% 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 addingup(3677)

Question 1127563: A man borrows $5,000 from the bank. Interest is charged at the end of each month 3% per month. He promises to repay at the end of two years the full amount plus interest in one big payment.
1. Calculate the total interest at the end of two years.
2. How much would be repaid at the end of two years?
3. If he decides to repay $150 per month, how much will he still owe the bank after the first 2 repayments?
4. Will he able to repay his debt if he continues to repay at $150 per month?
Click here to see answer by addingup(3677)

Question 1127604: Glenn budgets 1/6 of his weekly allowance for entertainment. Glenn�s entertainment bill is $29. What is his weekly allowance?

Sheffield Corporation sells sets of pots ($14) and dishes ($12) at a local charity. On Labor Day weekend. Sheffield�s total sales were $1,080. People bought three times as many pots as dishes. How many dishes did Sheffield sell?
Brian Smith sells sets of movie posters ($12) and baseball cards ($8) at a local flea market. On last Sunday, Brian�s total sales were $840. People bought four times as many movie posters as baseball cards. How much did Brian make on the movie posters?
Click here to see answer by ikleyn(52781)

Question 1127814: A total of 5000 tickets were sold for a concert. Tickets were priced at $20, $30, and $50. If three times as many $20 tickets were sold as $50 tickets, and the total receipts were $140,000, how many tickets were sold at each price?
Click here to see answer by ikleyn(52781)

Question 1127870: Stephen can type 180 words in 4.5 minutes at this rate how many minutes will it take Stephen to type 3420 words?
Click here to see answer by ikleyn(52781)

Question 1127821: Rebecca lent an amount of P49,427.61 to her cousin, Ashley, on May 3, 2008. Upon giving the funds, she told her cousin that the money had to be returned on October 27, 2009, using exact simple interest. If the total amount that Ashley returned was P53,695.40, what was the discount rate?
Pls help me on this
Click here to see answer by ikleyn(52781)

Question 1127883: An irs person randomly selects 3 tax returns with out replacement from 47 returns of which 5 contain errors. What is the probability that she selects none of those containing errors? Answer in decimal form.
Click here to see answer by ikleyn(52781)

Question 1127979: Tamara invests 8000 in two different accounts. The first account has a simple interest rate of 3% and the second has a simple interest rate of 2%. How much did she invest in each account if the interest earned in them is the same at the end of 1 year?
Click here to see answer by greenestamps(13200)

Question 1127985: A father has $500,000. After he pays expenses, he wants to divide what is left between his 4 children. The expenses total $120,000. How much money will each child receive?
Click here to see answer by ikleyn(52781)

Question 1128047: The sum of PHP 26,000 was deposited in a fund earning interest at 8% per annum
compounded annually. What was the amount in the fund at the end of 3 years?
How long will it take money to triple itself if invested at 8% compounded annually?
please help me Im really bad at word problems
i used the formula f = P(1 + i/12)^2n for compounded annually but the answer is diffrent from what i expected.
Click here to see answer by ikleyn(52781)

Question 1127984: Claudia borrows R1000 at 10% interest for 1 year
How much must she pay back at the end of 1 year?
How much must she pay back if borrowed R1000 for 3 years?
Click here to see answer by Mtrkcrc(8)

Question 1128106: One printer can print the paychecks for the employees of a company in 60 min. A second printer can print the checks in 90 min. How long would it take to print the checks with both printers operating?
Click here to see answer by josgarithmetic(39617)

Question 1128104: Santiago receives $309 per year in simple interest from three investments. Part is invested at 2%, part at 3%, and part at 4%. There is $500 more invested at 3% than at 2%. The amount invested at 4% is six times the amount invested at 3%. Find the amount invested at each rate. Solve for the amount invested at each percent.
Click here to see answer by stanbon(75887)

Question 1128120: Steve Devine invested $7200 for one year, part at 10% and the rest at 14% annual interest. His total interest for the year was $960. How much money did he invest at each rate?
Click here to see answer by greenestamps(13200)

Question 1128219: If a gumball costs x cents before tax, how many can be bought with q quarters if tax is z cents total?

Click here to see answer by josmiceli(19441)

Question 1128305: Amanda invests $5400 in a new savings account which earns 5.8% annual interest, compounded monthly. What will be the value of her investment after 5 years? Round to the nearest cent.

Click here to see answer by addingup(3677)

Question 1128319: what is the answer of 15,250.00 for 4 years and 6 months at 8%

Click here to see answer by Alan3354(69443)

Question 1128342: three friends joe,tony and andy started a business with a capital of 60000.joe contributed twice as much as that of joe .if andy contributed 500 more than tony,how much did each contributed.
Click here to see answer by addingup(3677)

Question 1128417: A woman invested $15,000, part at 7% simple annual interest and part at 8% annual interest. If she receives $1,180 interest per year, how much did she invest at 7%?
Click here to see answer by addingup(3677)

Question 1128487: Mr. Lee of Red River Consumer Products in Winnipeg is considering a new product for his sales inventory.
Click here to see answer by ikleyn(52781)

Question 1128488: Mr. Lee of Red River Consumer Products in Winnipeg is considering a new product for his sales inventory.
Click here to see answer by ikleyn(52781)

Question 1128531: adrienne invested a total amount of 100,000 php in banks A and B with an interest rate of 5% and 8% respectively. if the income from bank B is 800 more than the twice the income from bank A, how much was invested in bank B?
Click here to see answer by Boreal(15235)

Question 1128550: Alice invests $18,000 at age 30 from the signing bonus of her new job. She hopes the investments will be worth $36,000 when she turns 41. If the interest compounds continuously, approximately what rate (as a percent) of growth will she need to achieve her goal?
Click here to see answer by stanbon(75887)

Question 1128560: Esteban bought a desk lamp at a sale price of $20.25. The original price of the lamp was $45. What was the discount rate of the lamp?
Click here to see answer by josmiceli(19441)

Question 1128632: To save for a new car, Trafton invested $3,000 in a savings account that earns 1.5% interest, compounded continuously. After four years, he wants to buy a used car for $4,000. How much money will he need to pay in addition to what is in his savings account? (Round your answer to the nearest cent.)
*I'm confused as to how to properly set up the equation in order to solve it.
Click here to see answer by josmiceli(19441)

Question 1128753: The half-life of Erbium-171 is 7.5 hours. What is the hourly decay rate? Express the result to four decimal places.
Click here to see answer by greenestamps(13200)

Question 1128755: At what rate must 60,000 pesos ne invested to earn 3,600 pesos in 120 days?
Click here to see answer by greenestamps(13200)

Question 1128751: An amount of money invested for 1 year in a savings account will earn $1,000. That same amount of money invested in a mini-mall development will earn $6,000 interest in a year, because the interest paid is 10% more than that paid by the savings account. Find the rate of interest paid by each investment.
Click here to see answer by greenestamps(13200)

Question 1128757: at 16% discount rate, find the present valur of php 36,000 which is due at the end of 90 days? What is the discount?
Click here to see answer by ikleyn(52781)

Question 1128878: Suppose that the world population is increasing at an annual rate of 1.2% if we assume an exponential growth model in how many years will the population double?
Click here to see answer by math_helper(2461)

Question 1128895: Two cars start directly toward each other at the same time from towns which are 280 miles apart. They meet after 4 hours. one car travels 40 mph faster that the other car. Find the speed of each car
Click here to see answer by Alan3354(69443)

Question 1128899: Jabari traveled 2500 miles in five days. He drove the same distance on the first, third, and fifth days. on the second day, he drove 150 miles more than he drove on the first day. the fourth day, his distance was 250 miles less than was drives on the third day. FIND THE NUMBER OF MILES DRIVEN FOR EACH DAY.
Click here to see answer by MathLover1(20849)

Question 1128898: Jabari traveled 2500 miles in five days. He drove the same distance on the first, third, and fifth days. On the second day, he drove 150 miles more than he drove on the first day. The fourth day, his distance was 250 miles less than was driven on the third day. FIND THE NUMBER OF MILES DRIVEN FOR EACH DAY.
Click here to see answer by MathLover1(20849)

Question 1128900: The sum of three numbers is 34. The largest number is five more than three times
the smallest number. The middle number is four less than the largest number. What
are the three numbers?
Click here to see answer by Edwin McCravy(20055)

Question 1128877: The Davis national bank pay 6% compounded quarterly how long will it take for a deposit to triple in value
Click here to see answer by josmiceli(19441)

Question 1128896: An investment of $4500 is made at an interest rate of 8% for one year. How much money must be invested at a rate 5% so that the total interest earned is 6% of the total investment?
Click here to see answer by greenestamps(13200)

Question 1128897: An investment club invested $7,500 into two simple interest accounts for one year. part of the money was invested at 5% and the remainder was placed in a 6% account. The total interest earned was $380. How much was invested into each account?
Click here to see answer by Boreal(15235)

Question 1128894: An investment club invested $7,500 into two simple interest accounts for one year. part of the money was invested at 5% and the remainder was placed in a 6% account. The total interest earned was $380. how much was invested into the account?
Click here to see answer by Boreal(15235)

Question 1128981: Scott plans to attend college and he starts saving $200
per month to pay for it. He will need $14,000
to pay the first-year cost. His aunt gave him a special gift of $2,000
to use toward the cost. How many years will it take Scott to save enough for the first-year cost?
Click here to see answer by ikleyn(52781)

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