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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 152971: I am just not understanding the steps within the problems, how to set it up and go through with it. Thank you!
Click here to see answer by Alan3354(69443)

Question 153156: I am wretched at money! Help, please!!

In order to purchase a home, a family borrows $318,000 at 7.8% for 20 years. What is their monthly payment? What is their monthly payment if they secure the loan for 15 years, rather than 20 years? How much money would they save in interest charges if they paid the loan off in 15 years, rather than 20?
Click here to see answer by ankor@dixie-net.com(22740)

Question 153438: A jar contains 40 Coins consisting of dimes and quarters and having a total value of $4.90. How many of each coin are there?
Click here to see answer by jojo14344(1513)

Question 153387: Using eight coins, how can you make change for 65 cents that will not make change for a quarter?
Click here to see answer by Edwin McCravy(20054)

Question 153380: using eight coins, how can you make change for 65 cents that will not make change for a quarter?
Click here to see answer by Edwin McCravy(20054)

Question 153555: Find the original price of a computer if a 2% discount on its original price results in a savings of $85.
Click here to see answer by Alan3354(69443)

Question 153554: Brittany earns $75 in a week doing yard work. If she spends $19.20 on CDs, what percentage of her earnings did she spend on CDs?
Click here to see answer by Alan3354(69443)

Question 153650: Please help me solve: Susan Marciano invested part of her $18,000 bonus in a fund that paid an 8% profit and invested the rest in stock that suffered a 3% loss. Find the amount of each investment if her overall net profit was $780.
They want to know: The amount invested at 8% is:
and the amount invested in stock is:
Click here to see answer by orca(409)

Question 153873: Cody ordered game tickets that cost $7.50 for children and $12.00 for adults. She ordered 8 more children's tickets than adults tickets. Her total bill was $138. How many of each type of ticker did she order?

Click here to see answer by galileo(7)

Question 153784: the numbers on karl's three raffle tickets are consecutive integers. the sum of the numbers is 138. what are the numbers?
please and thank you
Click here to see answer by orca(409)

Question 153768: the diffrence between six times a number and 9 is equal to five times the sum of the number and 2. find the number
Click here to see answer by orca(409)

Question 153783: the sum of the page numbers on consecutive pages of a book is 267. what are the page numbers?
Click here to see answer by checkley77(12844)

Question 154197: rajan purchased a purse at 25%discount on its marked price but sold it at the marked price. find the gain percent of rajan on this transaction.
Click here to see answer by jojo14344(1513)

Question 154536: How long would it take for $100 to become $1000 if it is invested at an 8% annual interest rate that is compounded quarterly?
Click here to see answer by AnlytcPhil(1806)

Question 154978: A plumber and his assistant work together to replace the pipes in an old house. The plumber charges $45 an hour for his own labor and $25 an hour for his assistant's labor. The plumber works twice as long as his assistant labor on this job, and the labor charge on the final bill is $4025. How long did the plumber and his assistant work on this job?
Click here to see answer by edjones(8007)

Question 155073: Abby sold her house for $35,000. This sale represented a loss of 15% off the original price. What was the original price Abby paid for the house?
Click here to see answer by checkley77(12844)

Question 155354: An amount of money is invested at 4% annual simple interest, and twice that amount is invested at 5%. The total annual interest is $112. How much is invested at each rate?
Click here to see answer by checkley77(12844)

Question 155493: Investing. A man invested $14,000, some at 7% and some at 10% annual interest. The annual income from these investments was $1,280. How much did e invest at each rate?
Click here to see answer by checkley77(12844)

Question 155842: a reduction of 20%in the price of sugar enables Mr shah to buy an extra 5kg of it for rs 320.find
1)original rate
2)the reduced price per kg

Click here to see answer by edjones(8007)

Question 156225: Tim bought 3 times as many .20 stamps as .10 stamps and 6 times as many .10 at .05 stamps. He spent $63.75 on stamps. How many of each kind did he buy?
Click here to see answer by ankor@dixie-net.com(22740)

Question 156220: Please help me solve this problem::
There is $65.00 in dimes and quarters. If there is 389 coins how many were dimes and how many were quarters?

Click here to see answer by ankor@dixie-net.com(22740)

Question 156488: Prom tickets cost $50 for singles and $75 for couples. If $4000 is bought and 100 people attended how many tickets of each type were sold?
Click here to see answer by checkley77(12844)

Question 156795: Cindy's cell phone company charges $0.20 for each minute of a call. If she was charged a total of $14.40 for calls in the month of July, how many minutes had she used the phone that month?
Click here to see answer by jojo14344(1513)

Question 156867:
3. In 2002, Home Depot�s sales amounted to $58,200,000,000. In 2006, its sales were $90,800,000,000.
a. Write Home Depot�s 2002 sales and 2006 sales in scientific notation.
You can find the percent of growth in Home Depot�s sales from 2002 to 2006, follow these steps:
� Find the increase in sales from 2002 to 2006.
� Find what percent that increase is of the 2002 sales.
b. What was the percent growth in Home Depot�s sales from 2002 to 2006? Do all your work by using scientific notation.

Click here to see answer by checkley77(12844)

Question 156951: A man invested $6000 dollars and if 5% is in simple intrest and the rest is in 7% interest. if the anunal income on the interest is $372 how much money was put in each one?
Click here to see answer by orca(409)

Question 157086: Find the dimensions of a rectangle whose perimeter is 26 meter and whose area is 40 square meters.
Click here to see answer by atique.ah(27)

Question 157083: At the football game, your group buys 10 hot dogs and 5 sodas and pays $12.50. Another group of people buys 7 hot dogs and 4 sodas for $9.00. What is the cost of one hot dog and one soda?
Click here to see answer by jojo14344(1513)

Question 157377: What does it mean for interest to be compounded continuously as opposed to weekly, monthly or annually?
Click here to see answer by gonzo(654)

Question 157562: watermelon cost $.39 per pound at a local market. Kent's watermelon cost between $4.00 and $5.00. what are the possible weights of his watermelon?
Click here to see answer by checkley77(12844)

Question 157559: a salesperson earns $350 per week plus 10% of her weekly sales. find the sales necessary for the salesperson to earn at least $800 in one week.
Click here to see answer by nerdybill(7384)

Question 157563: a concrete slab requires between 10 and 12 yd cubed of concrete. if 2.5 yd cubed of concrete can be poured each hour, how long will it take to pour the slab?
Click here to see answer by Earlsdon(6294)

Question 157648: Nicole has $120.00. If she saves $20.00 per week, in how many days will she have $500.oo?
Click here to see answer by midwood_trail(310)

Question 157947: An office supply store in San Diego sells 7 writing tablets and 4 pens for $ 6.40. Also, 2 tablets and 19 pens cost # 5.40. Find the price of each.

From a take home test
Click here to see answer by checkley77(12844)

Question 157997: If meena gives an intrest of Rs45 for one year at 9% rate p.a. . What is the sum she has borrowed?

Click here to see answer by naveerhl(3)

Question 158131: . If a vendor charges p dollars each for rugby shirts, then he expects to sell 2000 - 100p shirts at a tournament.
a) Find a polynomial R(p) that represents the total revenue when the shirts are p dollars each.
b) Find R(5), R(10), and R(20).
c) Use the bar graph to determine the price that will give the maximum total revenue

Click here to see answer by joey_quizan(15)

Question 158129: . P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P (1+r/2)2 represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if P = $200 and r =10%.
Click here to see answer by checkley77(12844)

Question 158234: I got this question incorrect, but I do not know what I did wrong.
Hamlet had $54,650 in sales for this week. If he is paid a 6% commission, what was he paid for the week if he received his commission and an additional $100?
My Work:
54,650(.06)= 3,279
54,650+3,279= 57,929+100=$58,029
Final Answer: $58,029

Click here to see answer by helpwithhomework(4)

Question 158497: A cashier has 2 times as many nickels as quarters, 15 more dimes than quarters that worth $3.75 in total. Find how many dimes she has.
Click here to see answer by nerdybill(7384)

Question 158489: $165000 in tickets were sold, 8000 tickets were sold. How many for $15 and how many for $25 were sold?
Click here to see answer by checkley77(12844)

Question 158550: The attendance at a ball game was 400 people. Student tickets cost $2 and adult tickets cost $3. If $1050 was collected in ticket sales, how many of each type of ticket was sold?
Click here to see answer by gonzo(654)

Question 158595: a TOTAL INVESTMENT OF $13.500 IS DISTRIBUTED IN TWO ACCOUNTS, ONE THAT YIELDS INTREST AT AN ANNUAL RATE OF 5%, AND THE OTHER YIELDING INTREST AT THE ANNUAL RATE OF 7%. DETERMINE HOW MUCH IS INVESTED IN EACH ACCOUNT, IF THE TOTAL INTEREST AFTER ONE YEAR IS $855.
MY ANSWER
.07 + .05(13,500-X) = 855
.07X + 675-.05X = 855
-675 -675
.02X=180
.02X/.02=180/.02
X=9000
.07 X 9000 = 630
.05(13,500 - 9000)=4500
BUT MY INSTRUCTOR SAID IT WAS WRONG COULD YOU TELL ME WHY IT IS WRONG I DON'T UNDERSTAND AND CAN'T SEE PAST WHAT I DID
THANK YOU

Click here to see answer by vleith(2983)

Question 158571: Joe slpit his $20000 bonus between two mutual funds. The ace fund earned a 6% profit during the first year,while the loser fund lost 5%. The combined result of both investments was a $340 loss. How much did Joe invest in each fund.
Click here to see answer by checkley77(12844)

Question 158570: Ed invested twice as much in a 4% bond as he invested in a 3% bond. His total yearly interest from the two investments was $770. How much did he invest in each bond?
Click here to see answer by checkley77(12844)

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