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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 372297: james savings account earns 7% interest compounded quarterly. james deposited $950. find the balance after 22 months
Click here to see answer by robertb(5830)

Question 372469: how long will it take $500 to double it it is invested at 12% compounded quarterly?
Click here to see answer by jim_thompson5910(35256)

Question 372628: If 14 children and 23 glutton tickets sold for 178.00$ how much was each ticket?
Click here to see answer by Fombitz(32388)

Question 372734: It takes a computer 8 days to print all of the personalized letters. A new computer is purchased that can do the same job in 5 days. How long would it take to do the job with both computers working on it?
Click here to see answer by checkley79(3341)

Question 372885: on the day of a childs birth,a deposit of 25,000 is made in a trust fund that pays 8.75% intrest, compounded continuously . determine the balance in this account on the child's 25th birthday. how do you solve this

Click here to see answer by robertb(5830)

Question 372901: The camera melissa wanted for her birthday is on sale at 28% off the usual price. The amount of the discount is $56.00. What was the oringinal price of the camera?
Click here to see answer by Alan3354(69443)

Question 372992: Jane invested $50,000 into two accounts. The first paid 7% interest and the second paid 12% interest. If she earned $4350 the first year, how much money did she invest in each account?
Click here to see answer by robertb(5830)

Question 373548: How can $54,000 be invested, part at 8% annual simple interest and the remainder at 10% annual simple interest, so that the interest earned by the two accounts will be equal ?
Click here to see answer by josmiceli(19441)

Question 373574: Kathryn bought a sweater for 300 pesos. The regular price was 400 pesos. The sign showed 25% off on all items. Was the price correct?
Click here to see answer by mananth(16946)

Question 373569: Kathryn bought a sweater for 300 pesos. The regular price was 400 pesos. The sign showed 25% off on all items. Was the price correct?

(Please answer algebraically)

Click here to see answer by mananth(16946)

Question 373622: Your weekly paycheck is 15% less than your coworker's. Your two paychecks total $645. What is the amount of each paycheck?
Click here to see answer by ewatrrr(24785)

Question 373678: bookmark & book have a total of $10.10. The book cost $10.00 more than the bookmark, how much does each cost?
Click here to see answer by solver91311(24713)

Question 373823: You are choosing between two long distance telephone plans. Plan A has a monthly fee of $15 with a charge of $0.08 per minute for all long distance calls. Plan B has a monthly fee of $3.00 with a charge of $0.12 per minute for long distance calls. For how many minutes of long distance will the cost for the two plans be the same and what will be the cost of the plans? If make approximately 15 long distance calls per month averaging 30 minutes per call which plan should you select? explain?
Click here to see answer by mananth(16946)

Question 373948: Nestor invested 5000 pesos, part of it at 3% and the rest at 5% simple interest. If the total annual income from both of these investments amounted to 175 pesos, how much was invested at each rate?
Click here to see answer by mananth(16946)

Question 373978:

A mother left 20% of her estate to one son and 25% to another son. The remaining $55,000 she left to her daughter. Find the amount of the estate.
Click here to see answer by Fombitz(32388)

Question 374126: Remember Little Johnny? He now has two investments that produce a $150 income each month. If $1,000 more is invested at 9% than at 10% per year, how much was invested at each percent? There were 12 months in that year.
Click here to see answer by josmiceli(19441)

Question 374770: A computer is on sale for $1600, which is a 20% discount off the regular price. what is the regular price?

Click here to see answer by mananth(16946)

Question 374744: Mark and Kate are establishing a fund for their son's college education. What lump sum must they deposit in an account that gives 6% annual interest rate, compounded monthly, in order for them to have $65,000 in the fund at the end of 10 years?
Click here to see answer by rfer(16322)

Question 374706: there are 25 coins in a box, some dimes, some quarters. They have a value of $3.70. How many of each coin?
Click here to see answer by mananth(16946)

Question 374815: Ryan invested some money at 9% and twice as much at 10%. The total income for investment every year is 5 220 pesos. How much total money did he have in the beginning?

Pls. ans. algebraically..
Click here to see answer by amoresroy(361)

Question 374859: melissa invested a sum of money at 4% annual interest. she invested three times that sum at 5% annual interest. if her total yearly interest from both investments was 5600, how much was invsted at 4%?
Click here to see answer by ewatrrr(24785)

Question 374862: sue took her collection of nickels and dimes to deposit in the bank. she has 7 fewer nickels than dimes. her total deposit was $46.70.how many dimes did she deposit?
Click here to see answer by nyc_function(2741)

Question 374896: Sharing cost. The members of a flying club plan to share equally the cost of a $200,000 airplane. The members want to find five more people to join the club so that the cost per person will decrease by $2000. How many membrs are currently in the club?
Click here to see answer by solver91311(24713)

Question 374897: What is 15,714 dollars minus 8%
Click here to see answer by Fombitz(32388)

Question 375130: tracy has 4,300 in his savings account. The money in the account earns 4.6% interest each year. Assuming he makes no more deposits, how much money will tracy have in his account at the end of one year?
Click here to see answer by rfer(16322)

Question 375186: How many years would it take $1000.00 invested in an account paying 4.5% compounded continously to grow to $2000.00. Can you please show how you got the answer. Thanks
Click here to see answer by Fombitz(32388)

Question 375375: Global Voyager Inc. earned a profit of $2,880,000 on the world's first "virtually realistic" virtual reality program. Assume the company sold 240,000 copies of the program costing $40 each to make. At what price did the company sell each program?
Click here to see answer by CharlesG2(834)

Question 375448: What is the simple interst on $1800 at 6% for 1/3 year?
Click here to see answer by rfer(16322)

Question 375585: Suzy has seen a bag containing 3 red marbles, 2 green ones, 4 white ones, and 4 purple ones. She grabs 3 of them. Find the probability that she has at least 1 green one. Express the answer as a fraction in lowest terms.
1
Click here to see answer by robertb(5830)

Question 375609: Having Problems solving this solution
The Everton College store paid $1626 for a order of 45 calculators. The store paid $10 for each scientific calculator. The others, all graphing calculators, cost the store $52 each. How many of each type of calculator was ordered?
The store ordered___? scientific calculators and ____graphing calculators?
Click here to see answer by mananth(16946)

Question 375580: Suppose that a monkey is seated at a computer keyboard and randomly strikes the 26 letter keys and the space bar. Find the probability that its first 39 characters (including spaces) will be "to be or not to be that is the question." (Enter your answer in exponential form.)
1

Click here to see answer by Edwin McCravy(20054)

Question 375578: Suzy has a bag containing 2 red marbles, 2 green ones, 5 white ones, and 5 purple ones. She grabs 7 of them. Find the probability that she has all red ones. Express the answer as a fraction in lowest terms.
1Your answer is incorrect.
Click here to see answer by edjones(8007)

Question 375656: Please help me to solve this problem:
Demand function of A and B ,total cost:
PA= 35 � 2 QA 2 + QB
PB= 20 - QB + QA
TC=- 8- 2 QA3 + 3 QAQB+ 30 QA + 12 QA + 0,5 QA2
a.How many units of Aand B should be sold to obtain a maximum profit.
b.Determine the selling price required to relize the maximum profit.Find also the maximum profit.

Click here to see answer by robertb(5830)

Question 375746: A firm can sell at a price of $100 per unit all of a particular commodity it produces. If x units are produced each day, the number of dollars in the total cost of each day's production is x^2+20x+700. How many units should be produced each day so that the firm is guaranteed a profit?
Click here to see answer by mananth(16946)

Question 375950: an executive nearing retirement made two investments totaling $45000. in one year these investments yielded $2430 in simple interest. part of the money was invested at 4% and the rest at 6%. how much was invested at each rate?
Click here to see answer by rfer(16322)

Question 375966: True or False? Suppose you had a magic bank account in which your balance doubled each day. If you started with just $5, you'd be a millionaire in less than a month.
Click here to see answer by Alan3354(69443)

Question 376024: Kim's hourly rate is based on a 40 hour work week. For overtime, she is paid 1.5 times as much. If she earned $312 for 48 hours, what is her regular rate?
Click here to see answer by nerdybill(7384)

Question 376167: a pro shop in a bowling center decreases the price of a urethane bowling ball by 22% to a sale price of 74.10. What is the former price?
Click here to see answer by rfer(16322)

Question 376097: A company invests equal money into 2 investments. One investment pays 7% interest/yr and the other pays 8% interest/yr. After one year the interest is $3600. How much money was invested into each investment?
-2 investments
-1@ 7%
-1@ 8%
- total interest is $3600

Click here to see answer by mananth(16946)

Question 376266: Alessia is paid 1.4 times her normal hourly rate for each hour she works over 30 hours in a week. Last week she worked 35 hours and earned $436.60 Write and solve an equation to find Alessia's normal hourly rate. Explain how you know that your answer is reasonable
Click here to see answer by rfer(16322)

Question 376307: Henry receives an increase in salary of 6% plus a bonus of $400. Find the total annual pay after the increase for an initial salary of $400.
Click here to see answer by checkley79(3341)

Question 376376: How do you solve:
What is the maximum amount you can borrow today if it must be repaid in 4 months with simple interest at 8% and you know that at that time you will be able to repay no more than $1500?
Thank you!
Click here to see answer by mananth(16946)

Question 376378: How do you solve:
How long would it take to double your money in an account paying 6% compounded quarterly? (Give answer in years plus days, ignoring leap years).
Thank you!
Click here to see answer by mananth(16946)

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