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

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Question 1196260: The number of visits to public libranes increased from 1.5 billion in 1996 to 1.7 billion in 2000. Find the average rate of change in the number of public library visits from 1996 to 2000
Save
The average rate of change between 1996 and 2000 was billion
(Simplity vour ansu
er. Type
an integer or a decimal
Clear all
Check

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Question 1196291: If Paul has $1431 left after spending 1/5 of his monthly salary for rent and 1/8 of his monthly salary for his credit card bill, what was his monthly salary?
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Question 1196291: If Paul has $1431 left after spending 1/5 of his monthly salary for rent and 1/8 of his monthly salary for his credit card bill, what was his monthly salary?
Click here to see answer by MathLover1(20849) About Me 
Question 1196291: If Paul has $1431 left after spending 1/5 of his monthly salary for rent and 1/8 of his monthly salary for his credit card bill, what was his monthly salary?
Click here to see answer by math_tutor2020(3816) About Me 
Question 1196291: If Paul has $1431 left after spending 1/5 of his monthly salary for rent and 1/8 of his monthly salary for his credit card bill, what was his monthly salary?
Click here to see answer by ikleyn(52775) About Me 
Question 1196291: If Paul has $1431 left after spending 1/5 of his monthly salary for rent and 1/8 of his monthly salary for his credit card bill, what was his monthly salary?
Click here to see answer by amoresroy(361) About Me 

Question 1196294: Michael hired Heather to iron his dress shirts. Heather charges $40 an hour plus $0.25 for each
shirt ironed. Heather worked 4 hours and sent a bill to Michael for $174. How many shirts did
Heather iron?

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Question 1196294: Michael hired Heather to iron his dress shirts. Heather charges $40 an hour plus $0.25 for each
shirt ironed. Heather worked 4 hours and sent a bill to Michael for $174. How many shirts did
Heather iron?

Click here to see answer by josgarithmetic(39616) About Me 

Question 1196297: When Milo got promoted at work, he received a 25% pay raise. He now earns $60,000 per year.
What was his annual salary before his raise?

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Question 1196296: A salesperson in an expensive clothing store earns $2600 per month base pay plus a 6.5%
commission on sales. One month she earns $5518.50. What were her sales for that month?

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Question 1196298: Deshaun invested his savings into two investment funds. The amount he invested in Fund A was $2000 less than the amount he invested in Fund B. find A returned a 5% profit and Fund B returned a 4% profit. How much did he invest in Fund B, if the total profit from the two funds together was $980?

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Question 1196295: Raymondʹs job pays $20 per hour for the first forty hours and $30 per hour for each hour in the
week worked above the 40 hours. If he earned $980 this week, how many overtime hours did he
work?

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Question 1196293: Allanʹs 4 quiz scores in his math class are 87, 89, 88, and 78. What score does he need to obtain on
his exam to average an 85 if an exam counts as much as two quizzes?

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Question 1196293: Allanʹs 4 quiz scores in his math class are 87, 89, 88, and 78. What score does he need to obtain on
his exam to average an 85 if an exam counts as much as two quizzes?

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Question 1196293: Allanʹs 4 quiz scores in his math class are 87, 89, 88, and 78. What score does he need to obtain on
his exam to average an 85 if an exam counts as much as two quizzes?

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Question 1196293: Allanʹs 4 quiz scores in his math class are 87, 89, 88, and 78. What score does he need to obtain on
his exam to average an 85 if an exam counts as much as two quizzes?

Click here to see answer by amoresroy(361) About Me 
Question 1196293: Allanʹs 4 quiz scores in his math class are 87, 89, 88, and 78. What score does he need to obtain on
his exam to average an 85 if an exam counts as much as two quizzes?

Click here to see answer by greenestamps(13198) About Me 

Question 1196321: 1.Mr and Mrs Jones calculates the amount of money they will need in order to live comfortably upon their retirement with their financial advisor. They expect a 20-year retirement period. How much should Mr and Mrs Jones deposit now in a bank account paying 7.5% interest per year, compounded yearly to be able to withdraw an amount of R480 700.00 at the end of each year, starting one year from now?
2.Determine the total interest amount Pretty will pay if she buy a TV directly from the manufacturer for R7 332.00 and agrees to repay it in equal instalments over three years at the end of each month, starting one month from now. The interest rate is 10.7% per year, compounded monthly.
3.A book shop business was bought with a 20% down payment of R177 175.00. The remainder of the amount was financed for 240 months at 9.4% interest per annum, compounded semi-annually. Find the size of the semester payments for the loan.

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Question 1196319: 1.Khumo takes out a personal loan of R439 200.00 to help finance the building of his holiday house. The terms of his home loan specify equal three-monthly repayments over five years, with 13.2% interest per annum, compounded quarterly. The initial payment is made three months after the loan was taken out. Considering the amortisation schedule, determine the total interest charged over the first year of repayments.
2.A manufacturing company have determined that the total revenue, R(x), from producing energy-efficient air conditioning units is given by the function
R(x)=x3−10x2+35x+1000.
The cost, C(x), to produce x units is given by the function
C(x)=250000+16x2.
The marginal profit function when x units are produced and sold is given by which of the following options?
options?
a.P′(x)=3x2−32x+35.
b.P′(x)=3x2−52x+35.
c.P′(x)=3x2−20x+35.
d.P′(x)=−3x2+4x+35.

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Question 1196373: If you deposit money today in an account that pays 4% annual interest, how long will it take to double your money? Can this be solved on a financial calculator? If so, can you provide input? Thanks
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Question 1196399: The annual returns on sid carrington's three investments amounted to $21,600:6% on a savings account,8% on mutual funds and 12% on bonds.The amount of Sid's investment in bonds was twice the amount of his investment in the savings and the interest earned from his investment in bonds was equal to the dividends he recieved from his investment in mutual funds.Find how much money he placed in each type of investment
Click here to see answer by Theo(13342) About Me 
Question 1196399: The annual returns on sid carrington's three investments amounted to $21,600:6% on a savings account,8% on mutual funds and 12% on bonds.The amount of Sid's investment in bonds was twice the amount of his investment in the savings and the interest earned from his investment in bonds was equal to the dividends he recieved from his investment in mutual funds.Find how much money he placed in each type of investment
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Question 1196399: The annual returns on sid carrington's three investments amounted to $21,600:6% on a savings account,8% on mutual funds and 12% on bonds.The amount of Sid's investment in bonds was twice the amount of his investment in the savings and the interest earned from his investment in bonds was equal to the dividends he recieved from his investment in mutual funds.Find how much money he placed in each type of investment
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Question 1196415: Two investments totaling $56,500 produce an annual income of $1835. One investment yields 4% per year, while the other yields 3% per year. How much is invested at each rate?
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Question 1196415: Two investments totaling $56,500 produce an annual income of $1835. One investment yields 4% per year, while the other yields 3% per year. How much is invested at each rate?
Click here to see answer by greenestamps(13198) About Me 

Question 1196454: how much should a food manufacturer sell pound of canned meat if his cost
is 30 pesos per can and he wants to make a 20% profit on the selling price
for after giving away an 8% discount?

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Question 1196477: A woman invest $10 000;part at 9% annual interests, and the rest at 14%. In each case the interest is compounded annually. The total annual income is $1275. How much is invested in each rate?
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Question 1196477: A woman invest $10 000;part at 9% annual interests, and the rest at 14%. In each case the interest is compounded annually. The total annual income is $1275. How much is invested in each rate?
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Question 1196536: A grocery store bought milk for $2.80 per half gallon and stored it in two refrigerators. During the night, one refrigerator malfunctioned and ruined 13 half gallons. If the remaining milk is sold for $4.06 per half gallon, how many half gallons did the store buy if they made a profit of $63.14?
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Question 1196544: A recently retired couple have $150,000 to invest in two different accounts: a bank certificate, and a local state bond. They need to earn $12,000 in interest per year from these investments to supplement their Social Security, but no more than that - they run the risk of changing tax brackets if they earn too much from these accounts. The bank certificate pays 5% interest, and the bond pays 10% interest. Set up a system of equations to calculate how much they should invest in each account
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Question 1196552: 1) Betsy, a recent retiree, requires $6000 per year in extra income. She has $50,000 to invest and can in­ vest in B-rated bonds paying 15% per year or in a certificate of deposit (CD) paying 7% per year. How much money should be invested in each to realize exactly $6000 in inter­est per year?
2) After 2 years, Betsy (see Problem 1) finds that she will now require $7000 per year. Assuming that the remaining information is the same, how should the money be reinvested?

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Question 1196618: The total expenditure E of a household is partly constant and partly varies directly as the size S of the household.
(a) find the equation connecting E and S, if when E=300,S=5persons and E=400,S=6
(b) what is the total expenditure when the size of the household is 10persoms
(c) how many persons will consume a total expenditure of $600

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Question 1196618: The total expenditure E of a household is partly constant and partly varies directly as the size S of the household.
(a) find the equation connecting E and S, if when E=300,S=5persons and E=400,S=6
(b) what is the total expenditure when the size of the household is 10persoms
(c) how many persons will consume a total expenditure of $600

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Question 1196613: While she was travelling, Zainab took advantage of the convenience of cash withdrawals on her credit card since her Canadian debit card wasn’t accepted in the country she was in. According to her travel budget she withdrew $125 every day for food, activities and shopping for 21 days.
When she got home, on the 21st day, she checked her credit card bill on-line and it showed that she had been charged interest already even though her payment wasn’t past due. It turns out that interest is compounded daily on cash withdrawals, from the day the cash is withdrawn.
If the interest rate on cash withdrawals is 28%, what was her total bill when she got home?
What would be the total interest paid?

Click here to see answer by greenestamps(13198) About Me 
Question 1196613: While she was travelling, Zainab took advantage of the convenience of cash withdrawals on her credit card since her Canadian debit card wasn’t accepted in the country she was in. According to her travel budget she withdrew $125 every day for food, activities and shopping for 21 days.
When she got home, on the 21st day, she checked her credit card bill on-line and it showed that she had been charged interest already even though her payment wasn’t past due. It turns out that interest is compounded daily on cash withdrawals, from the day the cash is withdrawn.
If the interest rate on cash withdrawals is 28%, what was her total bill when she got home?
What would be the total interest paid?

Click here to see answer by ikleyn(52775) About Me 

Question 1196650: Determine whether function;f(x) =(-1)^[x] is even,odd or neither of two (where[]denotes the greatest integer function).
Click here to see answer by ikleyn(52775) About Me 
Question 1196650: Determine whether function;f(x) =(-1)^[x] is even,odd or neither of two (where[]denotes the greatest integer function).
Click here to see answer by MathLover1(20849) About Me 

Question 1196649: Determine whether function;f(x) =(-1)^[x] is even,odd or neither of two (where[]denotesthegreatestintegerfunction).
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Question 1196648: Determinewhetherfunction;fxx()( - []1)iseven,oddorneitheroftwo(where[]denotesthegreatestintegerfunction).
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Question 1196675: ATTACHED TABLE: https://imagizer.imageshack.com/img924/2894/DRMZfW.jpg
A company must decide which of two delivery services it will contract with. During a recent trial​ period, the company shipped numerous packages with each service and kept track of how often deliveries did not arrive on time.

Compare the two​ services' overall percentage of late deliveries.
​Overall, Company A is late _of the time. Company B is late _ of the time.

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Question 1196759: Assume a firm makes a $2,500 deposit into its money market account. If this account is currently paying 0.7%, what will be the balance after (i) 1 year (ii) 3 year (iii) 5years.
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Question 1196760: Q#1.
What effect would a decrease in the interest rate have on the future value of a deposit? What effect would an increase in the holding period have on future value?
Q#2.
How is the compounding process related to the payment of interest on savings?

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Question 1196779: The Susan Hansen Group in St. George, Utah, sells $16,000,000 of single-family homes and townhomes a year. Assume single-family homes, with an average selling price of $260,000, sell 1.5 times more often than townhomes, with an average selling price of $230,000. How many of each are sold?
Click here to see answer by math_tutor2020(3816) About Me 
Question 1196779: The Susan Hansen Group in St. George, Utah, sells $16,000,000 of single-family homes and townhomes a year. Assume single-family homes, with an average selling price of $260,000, sell 1.5 times more often than townhomes, with an average selling price of $230,000. How many of each are sold?
Click here to see answer by greenestamps(13198) About Me 
Question 1196779: The Susan Hansen Group in St. George, Utah, sells $16,000,000 of single-family homes and townhomes a year. Assume single-family homes, with an average selling price of $260,000, sell 1.5 times more often than townhomes, with an average selling price of $230,000. How many of each are sold?
Click here to see answer by ikleyn(52775) About Me 

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