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

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Question 644076: I borrow 100 dollars from a friend to go shopping and lost them. Again I borrowed 50 dollars from another friend. So in all I borrowed 150. From the 50 dollars I bought two candy bars for 20 dollars. I gave 30 dollars to the first person I borrowed from, now I own him 70. I own the second person 50. When you add 70, 50 and 20 together you get 140! WHERE DID THE OTHER 10 DOLLARS GO?
Click here to see answer by ankor@dixie-net.com(22740) About Me 

Question 644327: In planning her retirement, Liza deposits some money at 4% interest, with twice as much deposited at 5%. Find the amount deposited at each rate if the total annual interest income is $1960.
Click here to see answer by josmiceli(19441) About Me 

Question 644477: 7000 is compounded continuously at 6% interest, what is the amount after 2 years?
Click here to see answer by DrBeeee(684) About Me 

Question 644621: When the cost of a car is multiplied by 0.05 the result is 1780. find cost of the car.
Click here to see answer by jim_thompson5910(35256) About Me 

Question 644940: What is the answer to this problem: 6-1x0+2/2



Click here to see answer by MathStudent15(9) About Me 

Question 645120: how do you solve if jim has $213 intrest return and has $3000 invested some at 5% and the Rest at 8% find the amount of invested in each
Click here to see answer by stanbon(75887) About Me 

Question 645344: "300 mL of drink costs $1.95, that is $... per L."
Click here to see answer by ankor@dixie-net.com(22740) About Me 

Question 645589: Mercy Hospital's electric bill for September was $2489. This is a decrease of 5% from August's electric bill. What was the hospital's bill in August?
Click here to see answer by ewatrrr(24785) About Me 

Question 645813: Marc's retirement fund is worth 4% less now than last year. If his retirement fund is now worth 4800 dollars, how much was it worth last year?
Click here to see answer by josmiceli(19441) About Me 

Question 646465: If you were exactly 25 years old, how many months would this be?
How would i figure this out?

Click here to see answer by solver91311(24713) About Me 
Question 646465: If you were exactly 25 years old, how many months would this be?
How would i figure this out?

Click here to see answer by MathLover1(20849) About Me 

Question 646528: Professor I know its a silly problem but I'm actually needing your help. Thanks!

A woman has $1.70 in dimes and nickels. She has 5 more dimes thank nickels. How many nickels does she have?

Click here to see answer by stanbon(75887) About Me 

Question 646511: Professor I know its a silly problem but I'm actually needing your help. Thanks!

A woman has $1.70 in dimes and nickels. She has 5 more dimes thank nickels. How many nickels does she have?

Click here to see answer by MathLover1(20849) About Me 

Question 646560: student tickets to a movie are $2, while adult tickets cost twice as much as student tickets. if 200 tickets were sold and the receipts totaled $750, find the number of student tickets sold
Click here to see answer by lynnlo(4176) About Me 

Question 646646: Mr. Avila took his four children to the trade exhibit.The total cost of their admission tickets was $135.Mr. and Mrs. Santos and their six children had to pay $220.What was the cost of an adult ticket and that of the child's ticket?
Click here to see answer by josmiceli(19441) About Me 

Question 646643: I had $288 but I spent a quarter of the money. How much money do I have left?
Click here to see answer by josmiceli(19441) About Me 

Question 646735: Six hundred people attended the premiere of a motion picture. Adult tickets cost $6, and children were admitted for $2. If box office receipts totaled $2880, how many children attended the premiere?
Click here to see answer by ewatrrr(24785) About Me 

Question 646749: A city government has approved the construction of a $800 million sports arena. Up to $480 million will be raised by selling bonds that pay simple interest at a rate of 4% annually. The remaining amount (up to $640 million) will be obtained by borrowing money from an insurance company at a simple interest rate of 9%. Determine whether the arena can be financed so that the annual interest is $59 million. (If it is not possible, enter NONE for each answer.)
Click here to see answer by Theo(13342) About Me 

Question 646808: The cost of electricity in a certain city is $0.08 for each of the first 300 kWh (kilowatt-hours) and $0.13 for each kWh over 300 kWh. Write an equation to find the number of kilowatt-hours used by a family that receives a $43.50 electric bill. (Use x to represent the kilowatt-hours over the initial 300
Click here to see answer by ewatrrr(24785) About Me 

Question 647186: You invested $18,000 in two accounts paying 5% and 7% annual interest, respectively. If the total interest earned for the year was $1020, how much was invested at each rate? Whats the amount invested at 5%?
Click here to see answer by stanbon(75887) About Me 

Question 647471: A couple does not wish to spend more than $100 for dinner at a restaurant. If a sales tax of 4% is added to the bill and they plan to tip 15% after the tax has been added, what is the most they can spend for the meal? (Round your answer to the nearest cent.)
Click here to see answer by Alan3354(69443) About Me 

Question 647539: I have 500 dollars in the bank, I will continue to put 100 dollars into the bank account monthly. I have a compound interest of .8%. What is the equation to find the solution at any given time? What is the total amount after 10 years?
Click here to see answer by DrBeeee(684) About Me 

Question 647777: $800 principal earning 7%, compounded annually, after 4 years
Click here to see answer by rfer(16322) About Me 

Question 647924: A factory increases the production of cars annually by 5%. If presently it manufactures 610, 000 cars per year, how many cars will it manufacture per year after 3 years
Click here to see answer by stanbon(75887) About Me 

Question 647962: How much would be owed on a loan of $1,000.+ simple interest over the past 45 years? Someone borrowed $1,000. 45 years ago and has never paid it back and I am wondering what the total payback would be.
Thank you very much.

Click here to see answer by rfer(16322) About Me 

Question 647867: A couple does not wish to spend more than $60 for dinner at a restaurant. If a sales tax of 7% is added to the bill and they plan to tip 15% after the tax has been added, what is the most they can spend for the meal? (Round your answer to the nearest cent.)
Click here to see answer by rfer(16322) About Me 

Question 647968: What is the selling price for a product with a cost of $6.42 with an overhead of 1.89 and a net profit of 7.00
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Question 648297: A textbook costs a bookstore $45, and the store sells it for $60. Find the rate of profit based on the selling price.
Click here to see answer by checkley79(3341) About Me 

Question 648394: Walt made an extra $7000 last year from a part-time job. He invested part of the money at 6% and the rest at 8%. He made a total of $500 in interest. How much was invested at 8%?
The equation I came up with was:
.06x+.08y=500
But that looks all kindsa wrong

Click here to see answer by Alan3354(69443) About Me 

Question 648455: you invested $15,000 in two accounts paying 2% and 4% annual interest, respectively. If the total interest earned for the year was $520, how much was invested at each rate?
The amount invested at 2% ?
The amount invested at 4% ?

Click here to see answer by Alan3354(69443) About Me 

Question 648786: ken deposits £5000 in a bank account. he gets 4% interest per year .how much interest does he have after 3 months
Click here to see answer by rfer(16322) About Me 

Question 648853: Investing: Amanda invests $25,000, part at 5% and the rest at 6%. The annual return on the 5% investment exceeds the annual return on the 6% investment by $40. How much did she invest at each rate?
I know so far:
That interest= principal x rate
so, x= 5%
25,000-x=6%
I keep setting up my equation as follows:
0.05x+0.06(25000-x)=0.05x+40 <-I know that this is most likely wrong, but I'm not sure how else to write it/slve it.
Thanks for your help!

Click here to see answer by Alan3354(69443) About Me 

Question 649263: Mary and Joe are siblings. They inherit paintings. Joe takes three paintings to keep. Mary took one-fourth the remaining paintings. There are six paintings now left. How many paintings did they inherit in total.
I know how to work backwards where the 6 + 2 + 3 = 11
6 is the remainder, 2 is a quarter of the remainder which was 8 and 3 is what Joe took.
I need assistance with creating a formula for this word problem. Thank you!

Click here to see answer by MathTherapy(10549) About Me 

Question 649978: The owner of a movie theater needs to bring in $2000 revenue at each screening in order to stay in business. She sells adults' tickets for $10 each and children's tickets at $4 each.
a. How much revenue does she earn from selling x adults' tickets?

Click here to see answer by lynnlo(4176) About Me 

Question 650014: Burt's Burger Barn sold 495 hamburgers today. The number sold with cheese was half the number sold without cheese. How much of each kind were sold?
Can you please explain how to do this as well, I am confused on it

Click here to see answer by MathTherapy(10549) About Me 

Question 650054: Sandro invested Php38,000 in the International Bank of the Philippines at 5% interest. How much additional money must he invest at 10% so that the annual income would be equal to 7.5% of his investment?
Click here to see answer by lwsshak3(11628) About Me 

Question 649565: Laura splits an investment of $35000, a portion earning simple interest at a rate of 4.3 % per year and the rest earning at a rate of 6.3 % per year in such a way that the return on the total investment is 5.70%. How much money was invested at each rate? (Round to the nearest 100 dollars.)
At rate 4.3 % :
At rate 6.3 % :
I really need help solving this problem. Thank you.

Click here to see answer by MathTherapy(10549) About Me 

Question 650444: How do you get a percentage if you have the numbers 3375 to 6000 $
Click here to see answer by MathLover1(20849) About Me 

Question 650638: Hello I don't understand how to solve this word problem please help me
A gym charges $45 to become a member and $5 each time you visit. Non-members pay $8 each time they visit. After how many visits will it cost the same?

Click here to see answer by lynnlo(4176) About Me 
Question 650638: Hello I don't understand how to solve this word problem please help me
A gym charges $45 to become a member and $5 each time you visit. Non-members pay $8 each time they visit. After how many visits will it cost the same?

Click here to see answer by MathTherapy(10549) About Me 

Question 650754: a total of $75,000 is invested in bonds and cds. The amount in bonds is to exceed the amount of cds by $4,000. How much is invested in each?
Click here to see answer by shweta(56) About Me 

Question 650934: If you pay $5,000 for a simple interest note that will be worth $6,000 in 18 months, what annual simple interest rate will you earn?
Click here to see answer by rfer(16322) About Me 

Question 651120: a manufacturer has fixed costs of $2000 per month. the cost of producing each unit is $4. give the linear equation for the cost of producing x units per month
Click here to see answer by stanbon(75887) About Me 

Question 651233: A car dealer will sell you a used car for $6,549 with $549 down and payments of $205.67 per month for 36 months. What is the simple interest rate? Please help me to solve this problem.
Click here to see answer by rfer(16322) About Me 

Question 651357: A principal of $950 is invested in an account at 7 percent per year simple interest. What is the amount of the principal after 5 years? Do not include units in your answer.
Click here to see answer by Aaniya(63) About Me 

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