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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 381914: solve the following using a system of equations;
Rod has 40 coins, all dimes and quarters, worth $7.60. How many dimes and how many quarters does he have?
Click here to see answer by stanbon(75887)

Question 382452: I need help with distributive property! Please help me! I'm on a deadline here and the problem is (r+9)(-4) Can you show me how to use the distributive property to solve this problem? PLEASE!
Click here to see answer by jim_thompson5910(35256)

Question 382625: ) A small company borrows $50,000 at 11% compounded monthly. The loan is due in 4 years. How much interest will the company pay? Round to the nearest cent. and please explain how you came up with the answer
Click here to see answer by mananth(16946)

Question 382644: If you deposit $5,000 in an account that pays 5% interest compounded annually, how much money will you have in your account at the end of 15 years? Write an exponential function that represents this situation.

Click here to see answer by rfer(16322)

Question 382626: Which is the best investment for three consecutive years?
a. A growth of 5% followed by a growth of 10% followed by a growth of 15%
b. A growth of 15% followed by a growth of 10% followed by a growth of 5%
c. Three years of growth at 10% per year.
Please explain why
Click here to see answer by robertb(5830)

Question 382823: Heidi has 12 more $5 bills than $2 bills. altogether she has $137 how many of each kind does she have?
Click here to see answer by mananth(16946)

Question 383304: joe has twice as many 10 dollar bills as 5 dollar bills. he has a total of $500. how many % dollar bills does joe have? 5 dollar bills.
Click here to see answer by mananth(16946)

Question 383412: mardi received an inheritance of $60,000. She invested part at 11% and deposited the remainder in tax-free bonds at 8%. Her totak income from the investments was 6000. Find the amount invested at 11%
Click here to see answer by stanbon(75887)

Question 383488: Please help me with this word problem:
Use the compound interest formula A=P(1 + r/n)^nt and A=Pe^rt to solve
Find the accumulated value of an investment of $18,000 at 6% compounded semiannually for 11 years
Thank you for your assistance in advance
Click here to see answer by mananth(16946)

Question 383560: if you invest 35,000 dollars today at 8%, how much money will you have in 9 years?
Click here to see answer by Fombitz(32388)

Question 383553: In Central City, a property owner pays school taxes at the rate of 2% of the first $1500 of assessed valuation, 3% of the next $2000, 5% of the next $3000, and 6% of the remainder. How much must the property owner pay in school taxes each year if his home is assessed at $8000
Click here to see answer by vleith(2983)

Question 383842: I have 41 coins that are all nickels and dimes (n and d). The value of the coins is $3.65. What is a system of equations to solve this?
Click here to see answer by scott8148(6628)

Question 384209: sandras monthly salary is 1500 2/3 is take home pay she spends 1/4 on car payments how much are her care payments.

Click here to see answer by texttutoring(324)

Question 384075: a total of 11,000 was invested. part of the 11,000 was invested at 4%, and the rest was invested at 7%. if the investments earn 680 per yr, how much was invested at each rate?
Click here to see answer by ankor@dixie-net.com(22740)

Question 384345: A baseball team has games on Friday and Sunday. The two games together earn 3255.00 for the team. Friday's game generates $ 473.00 less than Sunday's game. How much was taken at each game?
Click here to see answer by rfer(16322)

Question 384423: the total for a meal including a 20% tip is $24.96. What was the price of the meal before the tip was added?
Click here to see answer by stanbon(75887)

Question 384424: Mat bought 5 movie tickets he paid with 3 twenty dollar bills he received 2.50 in change what was the cost of one movie ticket
Click here to see answer by ewatrrr(24785)

Question 384510: My wife bought a ring for $1600 and it was 75% off. How much did it originally cost?
Click here to see answer by rfer(16322)

Question 384570: A store mixes Brazillian coffee worth $10 per kilogram and Venezulen coffee worth $12 per kilogram. The mixture is to sell for $11 per kilogram. Find out how much of each should be used to make a 132-kilogram mixture?
Click here to see answer by stanbon(75887)

Question 384798: How much money will $10 earn at 1,2,3,4 years earning 4% a year? How much money will $10 earn at 1,2,3,4 years earning 8% a year?

Click here to see answer by stanbon(75887)

Question 385043: Gallagher's Service Station charges 35$ per hour for labor and a towing fee of $30. City Car Service charges $45 per hour for labor with fee towing. Find the amount of time for which both companies charge the same amount.
Click here to see answer by rfer(16322)

Question 385145: This coming summer, we are meeting up with some family members at Family Fiesta Amusement Park. The ticket price for children is $17 and for adults the ticket price is $31. The total price for all 20 of us to enter the park is $438.
I tried A+C=20, A31+C17=438, With that I tried wlimination method and got an anwser of 0.83. how do I solve this one Please????
Click here to see answer by stanbon(75887)

Question 385400: A bank contains dimes and nickles there are 2 less than twice as many dimes than nickles, there are 52 coins in the bank how much money is in the bank?
Click here to see answer by stanbon(75887)

Question 385482: One thousand dollars in a savings account pays 7% interest per year. The interest earned after the first year is added to the account. How much interest is earned on the new principal the following year?

Click here to see answer by unlockmath(1688)

Question 385670: if i feed 350 people in 150 minutes haw many people do i feed in 1 minute?
thank
you
Click here to see answer by user_dude2008(1862)

Question 385670: if i feed 350 people in 150 minutes haw many people do i feed in 1 minute?
thank
you
Click here to see answer by rfer(16322)

Question 386033: Together Mary, Mark & John earned $102. Mark made twice as much as John and Mary earned 4 dollars more than John.
Click here to see answer by ewatrrr(24785)

Question 386088: A piece of land measures 3 3/4 acres and is for sale at $60,000. What is the price per acre? I know that the 3 3/4 has to be changed to 15/4 but I do not know how to do the rest could some one show me how to do this. thank you
Click here to see answer by nerdybill(7384)

Question 386408: A babysitter charges $ 1.75 per hours. She also charges the parents another $1.00 per evening for each child. How much would she charge to baby-sit 4 children for 3 hours?
Click here to see answer by rfer(16322)

Question 386416: At the beginning of a walk Roberta and Juanita are 9.9 miles apart. If they leave at the same time, and walk in the same direction, Roberta over takes Juanita in 11 hours. If they walk towards eachother, they meet in one hour. What are there speeds?
Click here to see answer by mananth(16946)

Question 386572: Hello!
I am trying to solve the following word problem and it has me stumped.
Break Even Analysis: A small fast food restaurant invests $5,000 to produce a new food item that will sell for $3.49 each. Each item can be produced for $2.16.
a: How many items must be sold to break even?
b: How many items must be sold to make a profit of $8,500?
I know that the profit for each item is going to be $1.33, but I am not sure where to go from there.
Thanks for the help.
Denise

Click here to see answer by ewatrrr(24785)

Question 386953: 6 % OF WHAT NUMBER IS 36?
Click here to see answer by gwendolyn(128)

Question 387043: what is the total cost of a pair of jeans that are priced $40.00 if there is a 6.5% sales tax?
solve for x: 4(3x-5)=7(2x+3)

Click here to see answer by rfer(16322)

Question 387367: if $25,000 is invested at 3% simple interest for 2 years, how much interest is earned?
Click here to see answer by scott8148(6628)

Question 387756: if you deposit $150 in an account that earns simple interest.The annual interest rate is 3.2%. How much interest will you earn in 3 years?
Click here to see answer by josmiceli(19441)

Question 387763: A musician is planning to market a CD. The fixed costs are $720 and the variable costs are $6 per CD. The wholesale price of the CD will be $10. For the artist to make a profit, revenues must be greater than costs.
How many CDs, x, must be sold for the musician to break even?
Click here to see answer by josmiceli(19441)

Question 387799: If you invest $5,900 in an account paying 10.5% compounded continuously, how much money will be in the account at the end of 4.5 years?
Click here to see answer by rfer(16322)

Question 387797: If you invest $7,100 in an account paying 8.5% compounded continuously, how much money will be in the account at the end of 2.5 years?
Click here to see answer by rfer(16322)

Question 387905: A principal of $12,000 is invested in an account paying an annual interest rate of 6%. Find the amount in the account after 7 years if the account is compounded quarterly. Use A = P(1 + r/n)^(nt)
Click here to see answer by rfer(16322)

Question 388019: Mike's gross pay is $720 a week. He spends one sixth of his salary for food. How much he spends on food?
Click here to see answer by ewatrrr(24785)

Question 388038: A man received 7 per cent interest on a loan of $800 for 1 year. How much interest did he receive?
Click here to see answer by Fombitz(32388)

Question 388102: During a sale, a sporting good store gave a 40% discount on sleeping bags. How much did Nasir pay for a sleeping bag with an original price of $75?
Click here to see answer by rfer(16322)

Question 388266: LIZ DEPOSITED $1,200 IN A SAVINGS ACCOUNT THAT PAID 5 1/4% ANNUALLY. HOW MUCH WOULD LIZ HAVE IN HER ACCOUNT AFTER 1 YEAR?
Click here to see answer by Fombitz(32388)

Question 388160: Suppose you inherited $200,000 and invested it at 6% per year. How much could you withdraw at the end of each of the next 15 years?
Click here to see answer by avani(25)

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