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

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Question 687694: i buy x number of books at 2 per $5 and sell them at 2 per $7, and I make a profit of $8. How many books did i buy?
Click here to see answer by stanbon(75887) About Me 

Question 687902: I need help figuring out this problem, If you invest $8,000 in an account paying 5.9% interest compound continuously, how much money will be in the account at the end of 7 years? I know you have to take $8,000 and x's it by 5.9%. Then I wasn't for sure if you X's that by how many days are in the year and then times that by 7 and then add that total to the $8000 to get your answer or what. Please help
Click here to see answer by MathTherapy(10549) About Me 

Question 688308: A company offers a starting salary of 35,000 with raises of $2,500 per year.Find the total salary over a ten-year period.
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Question 688358: A ballpoint pen price at 50 cents was not selling. When the price was reduced to a different whole number of cents, the entire stock sold for $31.93. How many cents were charged per pen when the price was reduced?
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Question 688611: If sally invested $2000 in 2 investments. 1 at 4.3% and 1 at 9% how much was invested in each if she earned $97.80?????
Click here to see answer by mananth(16946) About Me 

Question 689526: you buy your mother a new skirt for mothers day.if the skirt is on sale for 30% of the original price of $45, how much would you pay for the skirt on sale?
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Question 689587: a sweater costs $45.if 6.5% sales tax is added,what is the total cost?
Click here to see answer by rfer(16322) About Me 

Question 689709: a purse was originally priced at $75 and is now priced at $45.find the percent of change.
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Question 689710: mark had 20 comic books.he gave some to a friend and now only has 13.find the percent of change
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Question 689695: the science club had 25 members.now it has 30 members.find the percent of change.
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Question 689733: A $15,000 investment earned $375 in interest in 3 months. Find the annual simple interest rate on the loan
If you travel 17 mi east and then 11 mi north, how far are you from your starting point? Round to the nearest tenth.

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

Question 689369: I am trying to solve the problem of how much money will I need to invest in order to have $30,000 in 12 years at a rate of 5 percent.
Please help me solve The present value formula is P = A(1+r)-n where P is the present value A is the dollar amount in n years at interest rate r compounded annually using rules of exponent

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

Question 689766: "My salary next year will be 7% more than this year and I will take home $695.50 each week. How much am I taking home a week right now?"
What I tried:
7%(x) = 695.50
.07(x) = 6.9550
7x = 695.50
x = 99.36
Some extra steps, I suppose...I was writing out my thoughts as I went along. Thank you in advance!

Click here to see answer by ankor@dixie-net.com(22740) About Me 
Question 689766: "My salary next year will be 7% more than this year and I will take home $695.50 each week. How much am I taking home a week right now?"
What I tried:
7%(x) = 695.50
.07(x) = 6.9550
7x = 695.50
x = 99.36
Some extra steps, I suppose...I was writing out my thoughts as I went along. Thank you in advance!

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

Question 689918: Two proposed tax bills. The first states a homeowner will pay 1900$ plus 4% of their assessed homes value in taxes. The second bill proposes a 500$ payment and 9% of their homes value in taxes. What price range of the home assessment would make the first deal a better deal for the homeowner?
This is what I have came up with: 1900+0.04*x>500+0.09*x Then I should subtract 0.04x from both sides. Simplify it to 1900>500+0.05x. Then subtract 500 and simplify to get 1400>0.05x... then I divide by 0.05 to get 28000... is this right? A home greater than 28000 would be the best deal?

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

Question 690100: Use the compound interest formula to determine how long it will take for a sum of money to double if it is invested at a rate of 3% per year compounded monthly. (Give the answer to two decimal places.)
Click here to see answer by solver91311(24713) About Me 

Question 690119: If $1 had been placed in a bank account at the birth of Christ and forgotten until now, how much would be in the account at the end of 2012 if money earned 2% compounded annually?
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Question 690112:
a paint shop ordered 40 bottles of paint. they ordered 13 blue bottles and twice as many green bottles as orange bottles. how many of each bottle paint did they order?

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Question 690246: I need help with this word problem:
A pineapple and 4 oranges cost $8.40. The pineapple costs $5.90 more than an orange. Find the cost of the pineapple.
I did 8.40-5.90=2.50 \ 4= .63. 5.90 + .63 = 6.53.
Pineapple cost $6.53.
Did I do that right?

Click here to see answer by DrBeeee(684) About Me 

Question 690428: If $33000 is invested at an interest rate of 6 percent per year, compounded semi-annually, find the value of the investment after the given number of years. Each answer should be correct to the nearest penny.
1. 5 years
2. 10 years
3. 15 years

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Question 690666: Donald has 7 bills he has 350$ what bills could he have?
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Question 690988: Melissa invested a sum of money at 3% annual simple interest. She invested three times that sum at 5% annual simple interest. If her total yearly interest from both investments was $3600, how much was invested at 3%?
Click here to see answer by mananth(16946) About Me 

Question 691115: Melinda invested three times as much money at 9% yearly interest as she did at 7%. Her total yearly interest from the two investments was $170. How much did she invest at each rate?
I only set up this
9(.09x)+ .07x= 170

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

Question 691277: A chain store manager has been told by the main office that the daily profit, P, is related to the number of clerks working that day,x, according to the function
P = -25x^2 + 300x
What number of clerks will maximize the profit, and what is the maximum possible profit?

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Question 691309:
creative candles sells small candles for $3 each and large ones for $5 each. yesterday they collected $103. if they sold three more large cnadles than small ones, how many of each size candle were sold?

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Question 691384: in a restaurnat the bill for garys meal was thirteen punds and seventy pence he left a 10% tip work out how much tip he left
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Question 691679: how long would it take to double an investment of 1000 at 9 percent compounded quarterly?
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Question 691724: An investor invested a total of $2,000 in two mutual funds.One fund earned a 7% profit while the other fund earned a 2% profit. If the investors profit was $120, how much was invested in each mutual fund?
The amount invested in the mutual fund that earned 7% is?
the amount invested in the mutual fund that earned 2% is?

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Question 692017: Describe what you recall about simple interest?
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Question 692055: a company borrows 91,000 for 6 years at a simple interest rate of 12.5% find the interest paid on the loan and the total amount paid
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Question 692100: You invest $40,000 in two funds paying 3% and 4 1/2% simple interest. The total annual interest is $1650. How much do you invest in each fund?
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Question 692430: a car dealer discounts the price of a car by 10%. the discounted price is 16200. what was the original price of the car
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Question 692745: Help please. I can't think how to solve this problem. The sum of 12000 USD is invested, part at 12% interest and part at 8% interest. Twice as much money was invested at 8% as at 12%. How much money was invested at each rate?
Thank you.

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

Question 692979:
Jeff wants to put 2/5 of his earnings into his savings account. If he worked for 15 hours and made $9 per hour how much should he place into his savings

Click here to see answer by checkley79(3341) About Me 

Question 693085: George makes $11.83 per hour. If he receievs a 12.6% increase in his hourly wage, what will his new wage be?
Click here to see answer by rfer(16322) About Me 

Question 693286: if a have $20,000.00 and it makes $4920.00 interest in a 12 month period what is the apr ( and is not compounded)
Click here to see answer by stanbon(75887) About Me 

Question 693285: if a have $20,000.00 and it makes $4920.00 interest in a 12 month period what is the apr ( and is not compounded)
Click here to see answer by stanbon(75887) About Me 

Question 693308: Find the rate if the principal is $900, the time is 3 years, and the interest is $135.
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Question 693460: A boat. Goes 350 miles down stream in the same time it can go 300 miles upstream. The speed of the current is 7 miles per hour. Find the speed of the boat in still water?
Click here to see answer by pmatei(79) About Me 

Question 693463: The percent increase for an in-state tuition at a certain public university during the years 1991 through 1999 can be modeled by the quadratic function defended by f(x)= 0.156x2( power) -2.02x+10.2, where x=1 represents 1991, x=2 represents 1992, and so on.
* based on this model, by what percent ( to the nearest tenth) did the tuition increase in 1993?
* in what year was the minimum tuition increase? ( round to the nearest year.) to the nearest tenth, by what percent did tuition increase that year?

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

Question 693688: Please help me solve this equation:In a movie theater, there are 180 spectators. The ticket price is $8.50 per adult and $4.75 per child. Let x represent the number of adults. What simplified algebraic expression represents the total revenue for this show?
Click here to see answer by ReadingBoosters(3246) About Me 

Question 693736: What is 4% of 1040
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Question 693722: What is 60% more of 400$
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Question 693726: A shirt cost 119.99 and the store has a 30% off sale. How much will you pay for the shirt after the 7.7 sales tax
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