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

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Question 625771: Sarah works in an appliance store. She gets a commision in addition to her hourly pay. Each month she earns 5% commission for sales up to $6000 and a 8% commision for all sales above $6000. Last month her sales were $7200. How much was her commision?
Click here to see answer by josmiceli(19441) About Me 

Question 625774: How long will it take for $8000 to double at a compounding rate of 2% paid daily? A second and third doubling figure would be appreciated. Can you please tell me the formula for computing this problem.
Click here to see answer by Theo(13342) About Me 

Question 625777: Ho, Lori & Sophia had 39 CDS among them. Ho gave 6 CDs to Lori & Sophia gave 2 CDs to Ho. Finally, Lori gave 3 CDs to Ho. At this point, they each had the same # of CDs. How many CDs did each person originally have?
Click here to see answer by Theo(13342) About Me 

Question 626090: A furniture maker is making a chair and needs 12 feet of wood. He has chosen to make the chair out of maple, which costs $25 per foot, and pine, which costs $28 per foot. If the furniture maker wants to spend a total of $25.75 per foot, how many feet of each type of wood will he need?

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Question 626124: can you help me find the formula for this problem?
Laura found $2.15 in quarters and nickels in the bottom of her purse. there were seven fewer quarters than nickels. how many quarters and nickels did she find?

Click here to see answer by Edwin McCravy(20054) About Me 

Question 626158: a purse contains $1.15 in nickels and dimes and has 20 coins. How many dimes are n the purse?
Click here to see answer by nerdybill(7384) About Me 

Question 626260: Two investments totaling $32,000 produce an annual income of $1,070. One investment yields 3% a year, while the other yields 5% per year. How much is invested at each rate?
Click here to see answer by checkley79(3341) About Me 

Question 626285: if Lucy earns $300 for her first 40 hours of work in a week and then is paid one-and-one-half times her regular rate for any additional hours, how many hours must she work to make $345 in a week?
Click here to see answer by checkley79(3341) About Me 

Question 626441: Judy bought P pencils at 14 cents each and n notebooks at 1.25$ each. Write an equation for the total dollar amount, A, that Judy spent.
Click here to see answer by stanbon(75887) About Me 

Question 626526: A bank loaned out $17,000, part of it at 6% per year, and the rest at 16% per year. If the interest received in one year totaled $1500, how much was loaned out at 6%?
How much of the $17000 did the bank loan out at 6%?

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Question 626616: when the cost of a car is multiplied by 0,06 the result is 1780. find the cost of the car
Click here to see answer by ewatrrr(24785) About Me 

Question 626782: Mary deposited 500 dollars into her savings account for 19 years, which her account earns 5% per year compounded annually how much will her account be worth at the time of her retirement?
Click here to see answer by Alan3354(69443) About Me 

Question 627011: $1,400 principal earning 6%, compounded semi-annually, after 10 years

Click here to see answer by unlockmath(1688) About Me 

Question 627166: an investor invested a total of $1,600 in two mutual funds. one fund earned 8% profit and the other earned a 3% profit. if the investor's total profit was $83 how much was invested in each mutual fund?
Click here to see answer by mananth(16946) About Me 

Question 627516: A manufacturer of jam wants to make a profit of $75 by selling 300 jars of jam. It costs 65 cents each to make the first 100 jars of jam and 55 cents each to make each jar after the first 100. What price should be charged for the 300 jars of jam?
Click here to see answer by richwmiller(17219) About Me 

Question 627543: Between 1989 and 1997 the percentage of households with incomes of $100,000 or more (in 1997 dollars) is modeled by f(x) = .071x2 - .426x + 8.05, where x = 0 represents the year 1989. Based on this model when did the percent of people in this income level reach its minimum?
Click here to see answer by ewatrrr(24785) About Me 

Question 627610: what i pay 500 on something what is the 20% interset of the 500
Click here to see answer by solver91311(24713) About Me 

Question 627620: Above, Simone invested $1000 at 8% compounded continuously. In how many years will she have $2000?

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Question 627619: Simone invests $1000 at 8% compounded continuously. How much does she have after 5 years?


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Question 627513: A horse can travel at the rate of 5miles per hour for the first two hours of the trip. After the first two hours the horse's speed drops to 3 miles per hour. How many hours will it take the horse to travel 20 miles?
Click here to see answer by ankor@dixie-net.com(22740) About Me 

Question 627806: If Jeff orders 2 Friends and 6 Hamburgers that total $15, how much is 1 order of fries?
Click here to see answer by richard1234(7193) About Me 

Question 627830: A principal of $3500 is invested at 6.5% interest, compounded annually. How many years will it take to accumulate $6000 or more in the account?
Click here to see answer by reviewermath(1029) About Me 

Question 627833: Kevin is going to rent a truck for one day. There are two companies he can choose from, and they have the following prices.
Company A charges an initial fee of $25 and an additional 60 cents for every mile driven.
Company B charges an initial fee of $44 and an additional 40 cents for every mile driven.
For what mileages will Company A charge less than Company B?
Write your answer as an inequality, using m for the number of miles driven.

Click here to see answer by reviewermath(1029) About Me 

Question 627911: $9500 is invested, part of it at 10% and part of it at 6%. For a certain year, the total yield is $806.00. How much was invested at each rate?
Click here to see answer by richwmiller(17219) About Me 

Question 628243: If I sold three packages and earn $690 in commisions. How much would I have made if I had sold 7 packages?
Click here to see answer by bondc(3) About Me 

Question 628328: A pair of jeans is $42 but it's 9% off. How much do I pay?
Click here to see answer by Edwin McCravy(20054) About Me 

Question 628394: A woman invests money in two funds that yield an annual total income of $86. One fund pays an annual return of 7%, and the other pays a return of 8%. How much is invested in the fund yielding 7% if the total annual amount invested at the start of the year is $1200.00
Click here to see answer by lwsshak3(11628) About Me 

Question 628555: A salesman worked a certain numbers of days to earn $192. If he had been paid $8 more per day, he would have earned the same amount of money in 2 fewer days. How many days did he work?
Click here to see answer by josmiceli(19441) About Me 

Question 628675: a person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. At the end of 10 years, how much money will be in the savings account? i have the answer, the problem is i have to show the work with the formula you know like
100+(a-1)+ 5
a2 3+40(3-1)
I have always been a poor math student, not to mention I graduated high school 18 yrs. ago and have never experienced problems like these before. It is al confusing to me, and even more confusing having to do a formula. The answer I believe is 814.45, I got this using simple math, please show me the way it is written in the formula way. Thanks juanita

Click here to see answer by John10(297) About Me 

Question 628696: I HAVE JUST ONE MORE QUESTION TODAY, I AM HAVING SO MUCH TROUBLE WITH MY MATH FORMULAS, I HAVE BEEN OUT OF SCHOOL FOR 18 YRS. AND EVEN WHEN I WAS IN SCHOOL WE NEVER DID MATH LIKE THIS. LOL, ANYWAYS I HAVE TH ANSWER I USED SIMPLE MATH TO GET IT, THE PROBLEM IS I DO NOT KNOW HOW TO SHOW IT IN FORMULA FORM. PLEASE CAN YOU HELP ME.....
A PERSON HIRED A FIRM TO BUILD HIM A CB RADIO TOWER, THE FIRM CHARGES 100.OO FOR LABOR FOR THE FIRST 10 FT. AFTER THAT THE COST FOR EACH 10 FT. IS 25.00 MORE THAN THE PRECEDING 10 FT.SO FOR THE 2ND 10 FT THE COST WOULD BE 125.00 THE NEXT 10 FT AFTER IS 150.00 ETC. SO HOW MUCH WOULD THE TTOTAL PRICE BE FOR A 90 FT. TOWER. THE ANSWER I GOT USING COMMMON SENSE WAS, 300.00 FOR 90 FT. NOW HOW DO I SHOW THAT IN FORMULA FORM? THANK YOU SO MUCH FOR YOUR HELP. JUANITA

Click here to see answer by richwmiller(17219) About Me 

Question 628797: How much interest (in $) will $3780 pay?
Please help !

Click here to see answer by ankor@dixie-net.com(22740) About Me 

Question 628955: How to solve the calculation of 1/5 of $ 3,000.00 without a calculator
Click here to see answer by solver91311(24713) About Me 

Question 629047: How long will it take P500,000 to accumulate to the amount of P534,780.42 at 9% annual rate compounded monthly?
Click here to see answer by solver91311(24713) About Me 

Question 629127: Ralph spent one quarter of his allowance at the school tuckshop purchasing lunch Monday and two thirds of the remainder at the bookstore on Wednesday. If he had $4.50 left in his wallet, how much is Ralph's weekly allowance?
Click here to see answer by Theo(13342) About Me 

Question 629164: I place 1,000 in savings with an interest rate of 6%, how long would it take to have 2,000 in savings with just the interest rate?
Click here to see answer by ewatrrr(24785) About Me 
Question 629164: I place 1,000 in savings with an interest rate of 6%, how long would it take to have 2,000 in savings with just the interest rate?
Click here to see answer by 303795(602) About Me 

Question 629279: Jack and David are both waiters at the same restaurant. Jack's compensation is $100 per week in salary plus 60% of all the tips he receives. David's compensation is $200 per week in salary plus 40% of his tips. If they both receive the same amount of tips and the same total compensation for a given week, what is that compensation, in dollars?
please include explanations!

Click here to see answer by josmiceli(19441) About Me 

Question 629325: James bought 6 lemons for $1.44. How many lemons did Casey buy for $4.80?
Click here to see answer by ewatrrr(24785) About Me 

Question 629357: New vender offer is:
• Week 1 order: 50 cases at $.30 per patty
• Then 15 cases for the next 12 weeks at $.45 per patty
5. What is the average cost of a hamburger under this deal?

Click here to see answer by solver91311(24713) About Me 

Question 629341: For each of the past 10 years Bill's retirement account has increased in value by 8% over the preceding year. If this pattern of increase continues for the next 3 years what will be the total percent increase in the value of Bill's retirement account over the 3 years?
Thanks so much~ This is a Praxis II General Content Knowledge question!

Click here to see answer by 55305(86) About Me 

Question 629485: a group of friends bought a gift for $60 when 3 more people chipped in, each share decreased by $1.00. How many people contributed in the end and much did they pay?
Click here to see answer by rajagopalan(174) About Me 

Question 629589: You invest $100,000 in an account with an annual interest rate of 4.5%, compounded semiannually. How much money is in the account after 5 years? Round your answer to the nearest whole number
Click here to see answer by ewatrrr(24785) About Me 

Question 629678: find the amount of sales tax at a rate of 9% on a sale of $40?
Click here to see answer by ewatrrr(24785) About Me 

Question 629702: a dvd rack is marked up $18.00, which is 50% markup based on cost. what was the cost of the dvd?
Click here to see answer by 55305(86) About Me 
Question 629702: a dvd rack is marked up $18.00, which is 50% markup based on cost. what was the cost of the dvd?
Click here to see answer by wilft1(217) About Me 

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