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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 651377: How do I insert symbols for problems in here please?

Click here to see answer by MathLover1(20849)

Question 651377: How do I insert symbols for problems in here please?

Click here to see answer by Alan3354(69443)

Question 651456: what is the answer to �6000 at a 4.5 intrest rae per annum for 7 years please?
Click here to see answer by MathLover1(20849)

Question 651456: what is the answer to �6000 at a 4.5 intrest rae per annum for 7 years please?
Click here to see answer by Alan3354(69443)

Question 651633: You invested $7000 in two accounts paying 7% and 8% annual interest, respectively. If the total interest earned for the year was $536, how much was invested at each rate?
Click here to see answer by Algebraic(50)

Question 651664: Gabrielle just won $2.5 million in the state lottery. She is given the option of receiving a total of $1.3 million now, or she can elect to be paid $100,000 at the end of each of the next 25 years. If Gabrielle can earn 5% annually on her investments, from a strict economic point of view which option should she take?
Click here to see answer by Edwin McCravy(20054)

Question 651761: Calculate the sales person's earning in one week if they sales were as follows:
Monday $1500.00
Tuesday$3000.00
Wednesday$970.00
Thursday$4563.81
Friday$2760.42
Click here to see answer by rfer(16322)

Question 652132: Joanna paid $36, 920 as a down payment for her house. If the down payment was 13% of the actual cost of the house, what was the actual cost?
What formula do I use to solve this?
Click here to see answer by jim_thompson5910(35256)

Question 652373: A bakery has 250 lbs of flour. If they use 6% of the available flour each day, how much do they have after 15 days? Round to the nearest pound
Click here to see answer by rfer(16322)

Question 652545:
An investor should expect to receive a risk premium for
Expanded exports
Lower consumer prices
Higher potential earnings due to uncertainty
Reduced availability of investments
Expected lower inflation

Click here to see answer by lynnlo(4176)

Question 652544: The stages that an individual goes through based on stages in the family and financial needs is called the
Financial planning process
Budgeting procedure
Personal economic cycle
Adult life cycle
Tax planning process

Click here to see answer by lynnlo(4176)

Question 652632: ABC bank is offering to double your money! They say that if you invest with them at 6% interest compounded quarterly they will double your money. If you invest $1500 in the account, how long will it take to double your money?
Click here to see answer by lwsshak3(11628)

Question 652739: What is the selling price for a product with a cost of $6.42, overhead of $1.89 and net profit of $7.00?
Click here to see answer by rfer(16322)

Question 652749: Each month, the amount of simple interest earned in an account that varies directly with the starting amount in the account. Suppose that a starting amount of $7100 earns $426 interest in a month. what is the starting amount that earns $510 interest in a month?
Click here to see answer by rfer(16322)

Question 653169: Laura is a salesperson in a retail store and earns $65 per week plus 10% of her weekly sales. If Laura earned $200 one week, what were her sales that week?
Click here to see answer by rfer(16322)

Question 653262: if the total price of a dryer is $843.00 including tax of .08 times the list price what is the list price of the dryer?
Click here to see answer by Shana-D77(132)

Question 653270: a worker's take home pay is $504, after deductions totaling 40 percent of the gross pay have been subtracted. what is the gross pay?
Click here to see answer by Shana-D77(132)

Question 653715: If the total cost of a dryer is $680, including a tax of 0.06 times the list price, what is the list price of the dryer? (to the nearest cent)?
Click here to see answer by josmiceli(19441)

Question 653778: an investment broker invests $96,000 in bonds andearns 4% per year on the investment. how much money is earned per year?
Click here to see answer by checkley79(3341)

Question 653856: Suppose a college student pays $550 for tuition fees. However, she also has to pay $350 for her textbooks (ouch!). What percent of her total education costs does she pay for her books?
Click here to see answer by solver91311(24713)

Question 653888: if you had one hundred thousand dollars and you invested $50 each day, how many days did it take you to invest all but $10,000?
Click here to see answer by solver91311(24713)

Question 654265: a woman earns $2700 per month and budgets $513 for food. what percent of her monthly income is spent on food?
Click here to see answer by lynnlo(4176)

Question 654265: a woman earns $2700 per month and budgets $513 for food. what percent of her monthly income is spent on food?
Click here to see answer by lenny460(1073)

Question 654265: a woman earns $2700 per month and budgets $513 for food. what percent of her monthly income is spent on food?
Click here to see answer by ralhp09(3)

Question 654363: What is 8% more than 32,000?
Click here to see answer by lynnlo(4176)

Question 654541: Suppose you deposit $275 into an account today that pays 4% annual interest. How much money will be in your account three years from now?

Click here to see answer by solver91311(24713)

Question 654593: In 2010 general admission to the Art Institute cost $18 adults and $12 for children. If $22,752 was collected from the sale of 1460 tickets, how many were adult and how many children tickets?
Click here to see answer by checkley79(3341)

Question 654598: The current population of Mt. Zion Student Center is 2,000. The enrollment center increases at a rate of 4% each year. To the nearest whole number, what will the student population be closet to in 3 years?
Click here to see answer by josmiceli(19441)

Question 654613: Ace Car Rental advertises that a rental car costs $25 per day plus a charge of 10 cents per mile. For the same car, Better Car Rental advertises a price of $40 per day plus 5 cents per mile. For what number of miles is the cost of renting a car the same at both companies?
Click here to see answer by checkley79(3341)

Question 654958: A man invests 1/3 of his capital at 3% and the remainder at 4%. What is his capital if his total income is 44,000?
Click here to see answer by MathLover1(20849)

Question 654957: What's the total dollar amount of $375 compounded at 1% monthly rate after 40 years?
Click here to see answer by checkley79(3341)

Question 655023: $2,000.00 invested at 6% compounded quarterly; find the account balance at the end of the second period.
I have tried to multiply .06(2000) then add it to 2000, but it doesn't work. Or doing that then multiplying that number by 2, and that doesn't work. I know the correct answer is $2,060.45 but I need to know how to do it.
Click here to see answer by DrBeeee(684)

Question 655104: Anna has $50.00 in the bank. She adds $5.00 in the first week, $10.00 in the second week, and $15.00 in the third week. At this rate, how much money will she have in the bank at the end of 6 weeks?
Click here to see answer by checkley79(3341)

Question 655128: Going in to the final exam which will count as three tests Jerome has test scores of 61,72,59,75, and 77. What score does Jerome need on the final in order to earn a c which requires and average of 70?
Click here to see answer by ankor@dixie-net.com(22740)

Question 655297: Mary has a monthly salary of $1,200. She spends $240 per month on food. What percent of her monthly salary does she spend on food?
Click here to see answer by rfer(16322)

Question 655298: Mrs. Brown can clean her house in 3 hours. Her daughters can do the same job in 6 hours. How long will it take them to clean the house if they work together?
Click here to see answer by ash.ghadge(2)

Question 655307: Erasers cost $6 per carton and pencils cost $7 per carton. If an order comes in for a total of 16 cartons for $100, what was the number of cartons of each bought?
Click here to see answer by unlockmath(1688)

Question 655410: Hello, Im having trouble finding the equation for this problem and I need your help please. There were 27,000 people at a ball game. The day's receipts were $210,000. How many people paid $14.00 for reserved seats and how many people paid $6.00 for general admission? Thanks for your help.
Click here to see answer by nerdybill(7384)

Question 655378: Hello, Im having trouble finding the equation for this problem and I need your help please. There were 27,000 people at a ball game. The day's receipts were $210,000. How many people paid $14.00 for reserved seats and how many people paid $6.00 for general admission? Thanks for your help.
Click here to see answer by ewatrrr(24785)

Question 655424: Hello professor, I'm having trouble with another word problem.
The two largest oil spills together released 296 million gallons of oil into the oceans. The smaller of the two released 40 million gallons less than the larger of the two. How many million gallons of oil did the larger one release?
Thank you for your help!
Click here to see answer by rfer(16322)

Question 655528: How much do you accumulate if you invest $5,000 @ 8% monthly for 9 years?
Click here to see answer by DrBeeee(684)

Question 655608: For selling software, Tom received a bonus commission based on sales over $ 500. If he received $ 180 in commission for selling a total of
$2300 worth of software, what is his commission rate
Click here to see answer by rfer(16322)

Question 655587: what is the principal which would amount to $6900 in 3 years at 5% simple interest per annum?

Click here to see answer by fcabanski(1391)

Question 655900: Mary has $2.15 in a jar that is entirely made up of dimes and nickles. there are 30 coins total. How many dimes and nickles does she have.
I can guess and check this problem, but how do I put this into an equation and solve? Thanks
Click here to see answer by Alan3354(69443)

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