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

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Question 730741: Last year, Ashley had to invest. She invested some of it in an account that paid simple interest per year, and she invested the rest in an account that paid simple interest per year. After one year, she received a total of in interest. How much did she invest in each account?
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Question 730741: Last year, Ashley had to invest. She invested some of it in an account that paid simple interest per year, and she invested the rest in an account that paid simple interest per year. After one year, she received a total of in interest. How much did she invest in each account?
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Question 730741: Last year, Ashley had to invest. She invested some of it in an account that paid simple interest per year, and she invested the rest in an account that paid simple interest per year. After one year, she received a total of in interest. How much did she invest in each account?
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Question 730041: Suppose you invest $250 in an account that pays 4.5% interest compounded quarterly.
After 30 months, how much is in your account?

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Question 730024: how much will $5,000 invested at 3% intrest be worth in 4 years if it is compounded annually
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Question 730004: Mr Gorman spent $18 on some paintbrushes and colored pencils. He bought 4 times as many colored pencils as paintbrushes. Each paintbrush cost $3 and and each colored pencil cost $0.75. How many colored pencils did Mr. Gorman buy?
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Question 730004: Mr Gorman spent $18 on some paintbrushes and colored pencils. He bought 4 times as many colored pencils as paintbrushes. Each paintbrush cost $3 and and each colored pencil cost $0.75. How many colored pencils did Mr. Gorman buy?
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Question 729992: There ar children and adults at an art exhibit. There are 15 children, and this is 12% of the total number of people at the exbibit. How many adults are at the exhibit?
F. 80
G. 110
H. 125
I. 180

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Question 729992: There ar children and adults at an art exhibit. There are 15 children, and this is 12% of the total number of people at the exbibit. How many adults are at the exhibit?
F. 80
G. 110
H. 125
I. 180

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Question 729992: There ar children and adults at an art exhibit. There are 15 children, and this is 12% of the total number of people at the exbibit. How many adults are at the exhibit?
F. 80
G. 110
H. 125
I. 180

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Question 729591: A customer purchased a car and financed $15,000. The customer borrowed part of the money from a bank charging 10% annual interest and the rest from a credit union at 9% annual interest. If the total interest fro the year was $1430, how much was borrowed from the credit union?
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Question 729589: an ivestor would like his investment to grow to R550 000 by the end of its term. How much should the investor invest now if the term is 11 years and the intrest rate is 14%?
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Question 729586: Principal amount is Rs.72000 and intrest is 12% and time period is 72 months take out compound intrest
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Question 729585: Principal amount is Rs.72000 and intrest is 12% and time period is 72 months take out compound intrest
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Question 729568: Calculate simple interest payable on a loan of $12000 borrowed from a bank at 15% per annum for 3 years
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Question 729630: Bob, Ali and Glen went shopping. The total bill was $780.
If Ali and Glen bought the same amount and Bob hall as much as Ali and Glen,
How much did each person spend?
Explain answer.

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Question 729630: Bob, Ali and Glen went shopping. The total bill was $780.
If Ali and Glen bought the same amount and Bob hall as much as Ali and Glen,
How much did each person spend?
Explain answer.

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Question 729622: 1. formulate but DO NOT solve the problem.
the johnson farm has 600 acres of lad allotted for cultivating corn and wheat. the cost of cultivating corn and wheat (including seeds and labor) is $51 and $25/acre, respectively. Jacob Johnson has $20,200 available for cultivating these crops. if he wishes to use all the allotted land and his entire budget for cultivating these two crops, how many acres of each crop should he plant? Let X be the number of acres allotted for cultivating corn

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Question 729539: Alison deposits $500 into a new savings account that earns 5 percent interest compounded annually. If Alison makes no additional deposits or withdrawals, how many years will it take for the amount in the account to double?
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Question 419077: Dave Horn invested half of his money at 5%, one-tird of his money at4%, and the rest at 3.5%. If his total annual investment incomw is $530, how much had he invested?
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Question 419077: Dave Horn invested half of his money at 5%, one-tird of his money at4%, and the rest at 3.5%. If his total annual investment incomw is $530, how much had he invested?
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Question 432879: final amount of the investment if $8000 invested at 6% compounded quarterly for 6 years
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Question 434949: What will be the future value in a year if $600 is invested at a rate of 15% compounded quarterly
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Question 436823: How long does it take $875 to double if it is invested at 8% compounded monthly?
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Question 436823: How long does it take $875 to double if it is invested at 8% compounded monthly?
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Question 436823: How long does it take $875 to double if it is invested at 8% compounded monthly?
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Question 436823: How long does it take $875 to double if it is invested at 8% compounded monthly?
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Question 442367: 20000$ is split into two investments one paying 5% and the other paying 6.5% to the nearest cent how much should be invested in each so the yearly intrest from the 5% investment is double the intrest from 6.5% investment

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Question 442367: 20000$ is split into two investments one paying 5% and the other paying 6.5% to the nearest cent how much should be invested in each so the yearly intrest from the 5% investment is double the intrest from 6.5% investment

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Question 448368: Jim opens a savings account with a deposit of $10,000. If the account has an annual interest rate of 6%, compounded quarterly, how much is in the account after one year.
Can you show me steps on how to work this problem. It's been years since I had algebra. Thank you so much.

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