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

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Question 405608: Chuck has $2,500 invested in a bank that pays 4% annually. How long will it take for his funds to double?

Click here to see answer by ewatrrr(24785)

Question 405631: Two cars start at the same location and travel in the same direction at average speeds of 30 miles per hour and 45 miles per hour. How much time must elapse before the two cars are 10 miles apart?
Click here to see answer by Alan3354(69443)

Question 405863: Pls. help me solve this problem.
The toal of two investments is 25,000. A Part of it was invested at 7 percent and one at 9 percent. The annual interest from the 7 percent investment is $470 more than the 9 percent investment. How much is invested at each rate?
Click here to see answer by mananth(16946)

Question 406128: Mr. Horn invested half of his money at 5%, one-third of his money at 4%, and the rest of his money at 3.5%. If his total annual investment income was $530.00, how much had he invested?
Click here to see answer by ankor@dixie-net.com(22740)

Question 406394: The bike costs $120. The sales-tax rate was 8%. What was the total cost of the bike including sales tax?
Click here to see answer by rfer(16322)

Question 406623: There is a collection of nickles, dimes, and quarters with the total value $52.10. There are 56 more dimes than nickles. There are 3 times as many quarters as dimes. How many quarters are in the collection?
Click here to see answer by mananth(16946)

Question 406725: Phyllis invested $12,000, a portion earning a simple interest rate of 4 and 1/2% per year and the rest earning a rate of 4% per year. After one year the total interest earned on these investments was $525. How much money did she invest at each rate?
Click here to see answer by rfer(16322)

Question 407283: Sang invested some money at 8% interest. Sang also invested $184 more than 3 times that amount at 10%. How much is invested at each rate if Sang receives $1113.56 in interest after one year? (Round to two decimal places if necessary.)
Click here to see answer by graphmatics(170)

Question 407181: The number of two dollars bills needed to pay for a purchase is 9 more than the number of five dollar bills needed to pay for the same purchase. What is the cost of the purchase?
Click here to see answer by ewatrrr(24785)

Question 407302: Please help!
How much interest would Tamara earn, if she invest $850.00 at 6% simple interest for two years?
Click here to see answer by rfer(16322)

Question 407747: a birthday dinner for two is &65.40 including tax. find the total cost is a 20% tip is added to the cost
Click here to see answer by emargo19(101)

Question 407748: find the original price of a pair of shoes if the increased price is $80 after a 25% increase
Click here to see answer by robertb(5830)

Question 407959: how long will it take $400 to be the interest on $8000 interest per annum?
Click here to see answer by Alan3354(69443)

Question 407750: a girl has 30 coins consisting of nickels and dimes amounting to $2.60. how many coins of each kind does she have.
Click here to see answer by ankor@dixie-net.com(22740)

Question 408043: a man deposited $5,000 in a bank paying 6% simple interest. how long will the money have to be left on deposited to earn 6,000 in interest?
Click here to see answer by rfer(16322)

Question 408141: At the local ballpark, the team charges $5.25 for each ticket and averages $620 of income per game from concessions. The team must pay its players a total of $1540 and all other workers a total of $760. Each fan gets a free bat, which costs the team $3.25 per bat. How many tickets must be sold for the team to break even on holding a game?

Click here to see answer by ewatrrr(24785)

Question 408040: Joe has a collection of nickels and dimes that is worth $6.10. If the number of dimes were tripled and the number of nickels were decreased by 49, the total value of the coins would be $14.05. How many nickels and dimes does he have?
Click here to see answer by ankor@dixie-net.com(22740)

Question 408140: Eva invested a certain amount of money at 8% interest and $1500 more than that amount at 12%. Her total yearly interest was $815. How much did she invest at each rate?
Click here to see answer by checkley79(3341)

Question 408293: Three men go to stay at a motel and the man at the desk charges them $30.00 for a room. They split the cost ten dollars each. Later the manager tells the desk man that he overcharged the men, that the actual cost should have been $25.00. The manager gives the bellboy $5.00 and tells him to give it to the men. The bellboy, however, decides to cheat the men and pockets $2.00, giving each of the men only one dollar. Now each men has paid $9.00 to stay in the room and 3 times $9.00 is $27.00.
The bellboy has pocketed $2.00. $27.00 + $2.00= $29.00 - so where is the missing $1.00?
Click here to see answer by richard1234(7193)

Question 408364: kane's grandfather deposited some money for him when he was born and it eared 12%p.a. interest, compounded quarterly, untill he turned 21. if he recieved a cheque for $25,000, what was the initial deposit?
Click here to see answer by lwsshak3(11628)

Question 408677: an employee's new salary is $17,535 after getting a 5% raise. what was the salary before the increase in pay?
Click here to see answer by rfer(16322)

Question 408701: Directions: Setting up and solving an algebraic equations.
Suppose that Bob is paid two times his normal hourly rate for each hour he works over 40 hours in a week. Last week he earned $504 for 48 hours of work. What is his hourly wage?
My work:
d=hourly wage
2d+48=504
2d=456
d=228
228/40
d=5.70
And I don' think that is correct.
Click here to see answer by scott8148(6628)

Question 408870: If you desire your investment to double in five years, what rate of interest compounded continuously should i seek?
Click here to see answer by stanbon(75887)

Question 408965: ok my question is
A man is paid $26.00 for 8 hours of work. How much should this man be paid for working 37 hours at the same Hourly wages?
is it
A $127.00
B $135.25
C $120.25
D $118.50
and when you figure it out tell me how you did it please and thank you....
Click here to see answer by ewatrrr(24785)

Question 408987:
here is another question

Marry put in a total of 16 1/2 hours baby-sitting durning 5 days of the past week. What was her average workday?
is it
A 3 hours
B 3 hours, 15 minutes
C 3 hours, 18 minutes
D 3 hours, 25 minutes

and when you figure it out tell me how you did it please and thank you....
Click here to see answer by rfer(16322)

Question 408999: how can $54000 be invested part at 6% annual simple interest and the remainder at 12% annual simple intrest so that the intrest earned by the two acoounts will be equal?
Click here to see answer by checkley79(3341)

Question 409091: an account with $545 is invested at 5% simple interest for 6 years. what is the final balance in the account?

Click here to see answer by rfer(16322)

Question 409091: an account with $545 is invested at 5% simple interest for 6 years. what is the final balance in the account?

Click here to see answer by shafqatlaghari(2)

Question 409443: A truck rental company rents a moving truck for one day by charging $22 plus $0.10 per mile. Write a linear equcation that relates the cost C, in dollars, of renting the truck to the number x of miles driven. What is the cost of renting the truck is driven 190 miles? 406 miles?
Click here to see answer by stanbon(75887)

Question 409522: An inheritance of $1,500,000 is to be divided among Scott, Tricia and Alice in the following manner: Alice is to get 1/2 of what Scott bets, and Tricia is to get 3/4 of what Scott gets. How much does each receive?
Click here to see answer by josmiceli(19441)

Question 147706: 4 students about to purchase concert tickets for 18.50 for each ticket discover that they may purchase a block of 5 tickets for 80.00. how much would each of the 4 save if they can get a fifth person to join them and the 5 people equally divide the price of the 5-ticket block?
a)1.50
b)2.50
c)3.13
d)10.00
e)12.50
Click here to see answer by dsmith2902(1)

Question 410072: In an individual retirement account valued at $53,900, a couple has 500 shares of stock, some in Big Bank Corporation and some in Safe Savings and Loan. If big bank sells for $115 per share and Safe Savings sells for $97 per share, how many shares of each does the couple own?

(I was thinking 115x+97x=500 , but it did not workout)
Click here to see answer by nerdybill(7384)

Question 410405: Bob has two jobs offers with a starting salary of $100,000 per year and monthly paychecks. The Atlanta employer will raise his annual salary by $2000 at the end of every year, while the Chicago employer will raise his annual salary by $1000 at the end of every six months.
a) Which job is the better deal?
b) How much more will Bob have made at the end of 10 years with the better deal?
Click here to see answer by scott8148(6628)

Question 410555: You are thinking about opening a copy center. your fixed costs are $6000 per month. You will charge customers 7cents(.07)per copy.The cost of materials is in addition to your fixed costs and is estimated at 2 cents(.02) per copy. How many copies must you make each month in order to break even?
Click here to see answer by edjones(8007)

Question 411054: I want to buy T-shirts and shorts. T-shirts cost $10 each and shorts cost $15 each. If I have $90 to buy a total of 8 T-shirts and shorts, how many each can you buy?
Thank you.
Click here to see answer by Tatiana_Stebko(1539)

Question 411247: if it is 250 km from karachi to nawabshah and 120 km from kotri to karachi, what percentage of distance from karachi to nawabshah is the distance from karachi to kotri?
Click here to see answer by ewatrrr(24785)

Question 411262: In a recent year the total sales at restrarant A were 350,000 more than restrarant B total sales at the two stores were 600,000,000 what were the sales for the year at each store.
Click here to see answer by ewatrrr(24785)

Question 411340: In 1989, the cost at a private high school was $5500. the tuition in 1996 was 106% of the 1989 tuition. what was the approximate cost in 1996?
1.06x5500=5830

Click here to see answer by shree840(260)

Question 411408: A department store sells a 4-pack of AAA batteries for $3.00 and an 8-pack of AAA batteries for $5.00. The cost of one battery from the 4-pack is what percent more than the cost of one battery from the 8-pack, before sales tax is applied?

Click here to see answer by stanbon(75887)

Question 411438: monthly payments of $275.00 for 58 months on a loan of $15,950.00 is what percent interest?
Thank you,
Char
Click here to see answer by rfer(16322)

Question 411435: A grocery sells raisins for $3.20 per pound and nuts for $2.40 per pound. He decides to mix the raisons ad nut and sell 50 pounds of the mixture for $2.72 per pound. What quantities of raisons and nuts should he use?
Click here to see answer by scott8148(6628)

Question 411696: what is the interest of 4,300 for a 12 months at 4.6%
Click here to see answer by rfer(16322)

Question 411783: A woman had two investments,one paying a 6% dividend. The other is $680 more than half the first investment and pays 5% dividend. if the total return is $102 find the investments.
Click here to see answer by shree840(260)

Question 411781: Jay invested a sum of money at 6% per year and 3 times as much at 4% per year. How much did he invest at the rate if his annual return totaled $144
Click here to see answer by shree840(260)

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