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

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Question 1133799: Kelly invested $20,000. The value decreased by 4% during the first month and increased by 5% the second month. What was the value of the investment at the end of the second month?

Click here to see answer by Boreal(15235)

Question 1133812: Dots sells a total of 285 T-shirts ($2) and shorts ($6). In April, total sales were $666.
How many T-shirts and shorts did Dots sell?
Tshirts=
Shorts=
Click here to see answer by josgarithmetic(39616)

Question 1133837: Heather is a cashier. She can ring up 12 customers in 9 minutes.
At this rate, how many minutes does it take her to ring up 4 customers?
Click here to see answer by Boreal(15235)

Question 1133860: A metallurgist has one alloy containing 21% copper and another containing 36% copper. How many pounds of each alloy must he use to make 44 pounds of a third alloy containing 33% copper? (Round to two decimal places if necessary.

_______ pounds of alloy containing 21% copper
______ pounds of alloy containing 36% copper
Click here to see answer by josgarithmetic(39616)

Question 1133927: How much money was invested at 6% annual simple interest for 3years to earn $3870?

Click here to see answer by algebrahouse.com(1659)

Question 1133910: A loan of $ 20,354 was repaid at the end of 7 months. What size repayment check (principal and interest) was written, if a 4.9 % annual rate of interest was charged?
The amount of the repayment check was

Click here to see answer by Boreal(15235)

Question 1133876: How many liters each of a 45% acid solution and a 70% acid solution must be used to produce 50 liters of a
65% acid solution? (Round to two decimal places if necessary.)
Click here to see answer by greenestamps(13198)

Question 1133943: Fred bought a car for $5,600 and later sold it at 90% of the cost price. He spent $1,310 out of the amount received and invested the rest at 6% per annum simple interest. Calculate the interest earned in 3 years.
Click here to see answer by josgarithmetic(39616)

Question 1134007: Celeste has $35 that she plans on using to pay for lunch with a friend, including the tip. She always tips 17%. What is the maximum amount Celeste can spend on the food, so she can be sure to have enough money remaining to cover the tip?
Click here to see answer by Glaviolette(140)

Question 1134006: Audryn added a $11 tip to a $66.02 restaurant bill. What percent tip did she leave?
Click here to see answer by Glaviolette(140)

Question 1134038: A truck rental agency charges a daily fee plus a kilometre fee.julie was charged R460 for two days and 100 kilometres and christina was charged R1050 for three days and 400 kilometres. what is the agency's daily fee and what is the kilometres fee

Click here to see answer by addingup(3677)

Question 1134084: Terryn has 25 one-dollar bills and wants to give an even amount to each of his two children. How many bills do each of Terryn's children get, and how many dollars are left over?

Click here to see answer by josgarithmetic(39616)

Question 1134087: An investor bought 600 shares of stock, some at $3.75 per share and some at $6.50 per share. If the total cost was $3212.50, how many shares of each stock did the investor buy? (Round to two decimal places if necessary.)

--------- $3.75 per share
----------$6.50 per share

Click here to see answer by Shin123(626)

Question 1134097: The sum of two integers is 241 and the large number is 49 more than 5 times the smaller number. Find the two integers.
—— smaler number
—— larger number
Click here to see answer by josgarithmetic(39616)

Question 1134141: Nico is saving money for his college education. He invests some money at 8%, and $1500 less than that amount at 4 %. The investments produced a total of $180 interest in 1 yr. How much did he invest at each rate?
Click here to see answer by addingup(3677)

Question 1134217: Sherrie invested some money at 14% interest. Sherrie also invested $186
more than 2 times that amount at 10%. How much is invested at each rate if Sherrie receives $967.20
in interest after one year? (Round to two decimal places if necessary.)

$----- amount invested at 14%
$---- amount invested at 10%
Click here to see answer by josmiceli(19441)

Question 1134241: Bryan worked 20 hours last week. He earned $100. How much did he earn per hour?
Click here to see answer by ikleyn(52775)

Question 1134241: Bryan worked 20 hours last week. He earned $100. How much did he earn per hour?
Click here to see answer by Alan3354(69443)

Question 1134086: George invested some money at 5% interest. George also invested $219more than 44 times that amount at 10%. How much is invested at each rate if George receives $922.80 in interest after one year? (Round to two decimal places if necessary.)

------- amount invested at 5%
-------- amount invested at 10%
Click here to see answer by greenestamps(13198)

Question 1134265: sally invested some money at 10% interest. Sally also invested $156 more than 4 times that amount at 7%
How much invested at each rate if sally receives $194.64 in interest after one year? (Round to two decimal places if necessary.)

$------amount invested at 10%
$------ amount invested at 7%

⁢

Click here to see answer by josgarithmetic(39616)

Question 1134082: Wendy was awarded a volleyball scholarship to the University of Michigan, so on graduation her parents gave her the $15,000 they had saved for her college tuition. She opted to invest some money in a privately held company that pays 10% per year and evenly split the remaining money between a market account yielding 2% and a high rick stock that yielded 40%. At the end of the first year she had $17,600 total. How much did she invest in each of the three?
10%=
2%=
40%=
Click here to see answer by Boreal(15235)

Question 1134402: Dan invests £11000 into a savings account. The bank gives 3.9% compound interest for the first 3 years and 4.5% thereafter. How much will Dan have after 7 years to the nearest pound?

Click here to see answer by mathsolverplus(88)

Question 1134495: An actor invests some money at 9%, and $32000 more than three times the amount at 11 %. The total annual interest earned from the investment is $34180. How much did he invest at each amount? Use the six-step method.
Click here to see answer by mathsolverplus(88)

Question 1134714: Grace has $10,000 to invest. She invests some at 2.5% interest and the rest at 4% interest. How much should she invest at each rate to earn $310 in interest in one year?
Click here to see answer by ikleyn(52775)

Question 1134676: To start a mobile dog-grooming service, a woman borrows $4,000. If the loan was for 2 years and the amount of interest was $376, what simple interest rate was she charged?
Click here to see answer by josmiceli(19441)

Question 1134807: A rectangle has a length of 11 inches less than 3 times its width. If the area of the rectangle is 592
square inches, find the length of the rectangle.

__inches
Click here to see answer by addingup(3677)

Question 1134806: A rectangle has a length of 23 yards less than 4 times its width. If the area of the rectangle is
3131 square yards, find the length of the rectangle.

____yards
Click here to see answer by josgarithmetic(39616)

Question 1134826: A rectangle has a length of 12 meters less than 2 times its width. If the area of the rectangle is 2574
square meters, find the length of the rectangle.

---- meters?
Click here to see answer by addingup(3677)

Question 1134945: Katie brought some pens for $2.00 each and some pencils for $0.05 cents each. She brought twice as may pens as pencils and spent a total of $13.50. How many each did she buy ?
Click here to see answer by Boreal(15235)

Question 1134946: Katie brought some pens for $2.00 each and some pencils for $0.50 cents each. She brought twice as may pens as pencils and spent a total of $13.50. How many each did she buy ?
Click here to see answer by josgarithmetic(39616)

Question 1134956: rachel earns $6000 less than twice as much as tom. If their two incomes total $30,000. How much does each earn?
Click here to see answer by mathsolverplus(88)

Question 1135001: A sales clerk earns a 15% commission on all sales over 5000. How much would she earn in a month that she sold $24,400 in merchandise.
Click here to see answer by ikleyn(52775)

Question 1135034: Your Credit card has a balance of $5200 and an annual interest rate of 12%. You decide to pay off the balance over 3 years. If there are no further purchases charged to the card, you must pay $172.71 each month, and you will pay a total interest of $1017.56. Assume you decide to pay off the balance over 1 year rather than 3.
How much more must you pay each month?
How much less will you pay in total interest?

Click here to see answer by Theo(13342)

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