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

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Question 706008: Spencer buys a set ear buds at Best buy. He pays $14.95. He has to pay 8.3% tax. How much will he have to pay for the ear buds and tax?
Click here to see answer by rfer(16322)

Question 706032: James scores 43/55, 56/78 and 90 out of 95 on his first three math assignments. What is his average percentage for the three scores?
Click here to see answer by rfer(16322)

Question 706096: If 6 boys and 15 men together earn $7,128 a week and if each man earns 4 times as much as each boy, how much does each boy earn a week?
Click here to see answer by lwsshak3(11628)

Question 706244: A large drink at McDonalds costs .99. If the tax in spokane valley is 8.7%. What would you pay for 4 drinks and the tax on those drinks?
Click here to see answer by nerdybill(7384)

Question 706241: A machine to manufacture fasteners has a setup cost of $1,300 and a unit cost of $0.009 for each fastener manufactured. A newer machine has a setup cost of $1,700 but a unit cost of only $0.0025 for each fastener manufactured. Find the break point. (Round your answer to the nearest whole unit.)
Click here to see answer by checkley79(3341)

Question 706238:
Equal amounts are invested at 2%, 7%, and 9% annual interest. If the three investments yield a total of $612 annual interest, find the total investment.
Click here to see answer by checkley79(3341)

Question 706298: A newly MBA graduate received an $18000 signing bonus from her employer. She invested part of it in a credit union account earning 3% annual simple interest and the rest in utility stocks that suffered a 7% loss of value. The net income from both investments for the first year was only $90. How much of her bonus was originally placed in each investment?
Click here to see answer by checkley79(3341)

Question 706365: Julia spent $58 on a book. The cost of the book was $18 less than twice what she spent on a backpack. How much did the backpack cost?
Click here to see answer by josgarithmetic(39615)

Question 706388: A used car dealership recently reduced price of car by 6%. If price of car before the discount was $18,000, what is the new price of the car?
Click here to see answer by rfer(16322)

Question 706368: a woman wants to invest enough to have an annual income of $5,000. If she can invest $20,000 at 8% annual interest, how much more will she have to invest at 6% to achieve her goal?
Click here to see answer by hope.green15(2)

Question 706512:
Nancy bought 150 shares of stock $22.885 each. Broker fees were $22.05. What is the average cost per share
Click here to see answer by checkley79(3341)

Question 706640: Rita invested her savings in two investment funds. The that she invested in Fund A returned a profit. The amount that she invested in Fund B returned a profit. How much did she invest in Fund B, if both funds together returned a profit?

Click here to see answer by checkley79(3341)

Question 706791: suppose 20,000 is invested at 5 % . How much additional money must be invested at 4 % to produce a yield of 4.8 % on the entire amount invested?
Click here to see answer by jim_thompson5910(35256)

Question 706947: how long would it take me to pay off a $20,000 fine if i payed $50 a week?
Click here to see answer by Alan3354(69443)

Question 706975: If a business gains 8% in one year and loses 3% the following year, what is the percentage gain over two years?
Click here to see answer by rfer(16322)

Question 706931: $1500.00 divided by 2%=
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Question 706977: A musician is planning to market a CD. The fixed costs are $440 and the variable costs are $4 per CD. The wholesale price of the CD will be $8. For the artist to make a profit, revenues must be greater than costs. How many CDs, x, must be sold for the musician to make a profit?
Click here to see answer by nshah11(47)

Question 707048: Riverfront park charges $4.50 for each student to skate. They also have to charge 8.7% tax. If we take 47 kids, how much money will be have to pay the cashier?
I really need help.... Please consider to help me solve this problem.
Click here to see answer by vheroli(126)

Question 454077: Art needs to put $1,200 into a teller�s drawer. He puts in 25 $20-bills, 30 $10-bills, 24 $5-bills, 50 $1-bills, 80 quarters, 100 dimes, 80 nickels, and 50 pennies. How much does he need to put in to complete his task
Click here to see answer by kcy1314(1)

Question 707255: A $5000 investment at an annual simple interest rate of 3.9% earned as much interest after one year as another investment in an account that earned 6.5% annual simple interest. How much was invested at 6.5%?
Click here to see answer by jim_thompson5910(35256)

Question 707190: Over two summers, Ray saved $900 and $500. The polynomial 900x^2 + 500x represents his savings at the beginning of the third year, where x is the growth factor. (The interest rate r is x - 1.) What is the interest rate he needs to start the third year with $1600 in savings?
A. 1.1%

B. 0.1%

C. 8.4%

D. 264%
(show all work please)
Click here to see answer by jim_thompson5910(35256)

Question 707283: Algebra 1 problem using powers and exponents.
Someone offers to double the amount of money you have every day for 1 month (30 days). You have 1 nickel. On the first day, you will have 2 nickels worth $.10. On the second day, you will have 4 nickels worth $.20. How much money will you have on the 30th day?
Click here to see answer by jsmallt9(3758)

Question 707420: 1. 7hot dogs and 4 hamburgers cost $15.00 how much does 1 Hot dog cost?
2. 4 hotdogs and 7 hamburgers $18.00 how much does 1 hamburger cost?
Click here to see answer by stanbon(75887)

Question 707446: The total coast for a company to manufacture and sell x items per week is C= 60x +300, whereas the revenue brought in by selling all x items is R= 100x - .5x^2. How many items must be sold to obtain a weekly profit of $300?
Click here to see answer by josmiceli(19441)

Question 707786: Find the cost per pound of a coffee mixture made from 6 pounds of coffee that costs 6 dollars per pound and 4 pounds of coffee that costs 4 dollars per pound
Click here to see answer by josgarithmetic(39615)

Question 708159: A stereo normally priced at $999 is on sale for 30% off. Find the discount and sale price.
Click here to see answer by lenny460(1073)

Question 708319: You deposit $2500 in an account that pays 3.5% annual interest compounded continuously. What is the balance after 8 years?
Click here to see answer by rfer(16322)

Question 708400: Making snacks with candy and cereal,how many pounds of candy at $6 per pound would be required to be mixed with cereal costing $8 a pound to create a 10 pound mixture costing $7.50 per pound.
Click here to see answer by josmiceli(19441)

Question 708550: A boat is purchased for $11,000.00. A loan is made to purchase the boat.The interest rate is 9.2% annually How much must the downpayment be to make the monthly payments be $200.00 for 4 years time. The interest is simple using the interest add on method. Hope you can help me. Carl Toering
Click here to see answer by aaronwiz(69)

Question 708692:
An investment club invested part of $10,000 at 4% annual interest and the rest at 8%. If the annual income from these investments was $675, how much was invested at 8%?
Click here to see answer by checkley79(3341)

Question 709191:
A boy has $17 in his money-box and wishes to buy a bicycle costing $113. His mother promises to give him $3 for every additional $5 that he saves. Find how much more money the boy must save in order to have enough to buy the bicycle with his mother's contribution.

Click here to see answer by checkley79(3341)

Question 709169:
An investor invented $1700 in two mutual funds. One earned 8% while the other earned 6% profit. If the investor's total profit was $128, how much was invested in each mutual funds.
Click here to see answer by checkley79(3341)

Question 709153:
If tickets for a show cost $4.00 for adults and $1.50 for children, how many of each kind of ticket were sold if a total of 320 tickets were sold for $930?
Click here to see answer by checkley79(3341)

Question 709190: a group of students are on sightseeing tour.the total fare is 120$ and is shared equally among the students. if 2 more students join the tour , each will now pay 2$ less. find the original number of students in the group.
Click here to see answer by ankor@dixie-net.com(22740)

Question 709303:
15,000 is invested in a fund that has a return of 5%. how much money is invested in a fund with a 3% return if the toatl return on both investments is 1050
Click here to see answer by checkley79(3341)

Question 709357: I bought a truck, paying $2,000 as a down payment. I still owe 80% of the selling price. What was the selling price of the truck
Click here to see answer by lenny460(1073)

Question 709449: If 5 melons sell for $0.65, how much would 6 melons cost?
Click here to see answer by stanbon(75887)

Question 709470: if 425 tickets were sold all together either were adilts and student tickets. the number of student tickets were sold three times the number of adult tickets sold how many adult tickets were sold
Click here to see answer by stanbon(75887)

Question 709472: How many years will it take for an initial investment of 10,000 dollars to grow to 29,000 dollars? Assume a rate of interest of 6% compounded continuously.
Click here to see answer by stanbon(75887)

Question 709495: If a teller gives you $100 every second for 8 hours per day, how many days would it take for the teller to give you 1 billion dollars?
Click here to see answer by unlockmath(1688)

Question 709524: how much money must be deposited now in an account paying 8% annual interest, compounded quarterly, to have a balance of $1000 after 10 years
Click here to see answer by Alan3354(69443)

Question 709475: George is contemplating the purchase of 100 shares of a stock selling for 19 dollars per share. The stock pays no dividends. The history of the stock indicates that it should grow at an annual rate of 18% per year. How much will the 100 shares of stock be worth in 6 years?
Click here to see answer by checkley79(3341)

Question 709525: need help in business math application of portion, base, and rate formulas
assume that in the year 2010, 800,000 people attended the Christmas eve celebration at Walt Disney World. if in 2011, attendance for the Christmas eve celebration is expected to increase by 35%. what is the total number of people expected at Walt Disney World for this event?
Click here to see answer by checkley79(3341)

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