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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 731811: Whats the interest if 2 50,000 35,000
Click here to see answer by Alan3354(69443)

Question 731878: A investor invest a total of $2000 in two mutual funds. One earned a profit of 4% while the other earned 2%. His total profit was 56$ How much money did he put in each one? I am having trouble finding a formula for this problem
Click here to see answer by stanbon(75887)

Question 731879: If i had $4 how much would i get if it cost $9 a kilo
Click here to see answer by MathLover1(20849)

Question 731879: If i had $4 how much would i get if it cost $9 a kilo
Click here to see answer by stanbon(75887)

Question 732004: Hi! Can anyone help me discern the solution and answer for this problem:
"The supply equation for a calculator is y=m^2+ square root of 'm', where 100y calculators are supplied when m dollars is the price per calculator. find the instantaneous rate of change of the supply with respect to the price when the price is $1,600."
Thanks! :)
Click here to see answer by stanbon(75887)

Question 731992: Mark takes a bank loan of $2100 to start up a business at an annual interest rate of 9% how much will he have to repay in 8 months
Click here to see answer by rfer(16322)

Question 731990:
Click here to see answer by Vladdroid(91)

Question 732069:
Suppose that one solution contains 20% alcohol and another solution contains 50% alcohol. How many liter of each solution should be mixed to make 12 liters of a 40% solution?
Click here to see answer by checkley79(3341)

Question 732068: Suppose that 30 gallons of a 30% salt solution is mixed with 20 gallons of a 30% salt solution. What is the percent of salt in the resulting solution?
Click here to see answer by checkley79(3341)

Question 732063:
Freddie leaves home and rides his bicycle out into the country for 2.7 hours. On his return trip along the same route, it takes him 0.9 of an hour longer. If his rate on the return trip was 3 miles per hour slower than on the trip out into the country, find the total round trip distance.
I have asked everyone in my class and no one knows how to get the answer. Instructor is unavailable until Monday. PLEASE HELP!! :) Thank you in advance
Click here to see answer by lwsshak3(11628)

Question 732073: The grade of a highway up a hill is 36%. How much change in horizontal distance is there if the vertical height of the hill is 550 feet? Express the answer to the nearest foot.
Click here to see answer by rfer(16322)

Question 731962:
Marissa invested $7000 for 1 year. Part was invested at 4% simple interest and part at 7% simple interest. At the end of 1 year, she had earned $391 in interest. How much had she invested at each rate?
Click here to see answer by checkley79(3341)

Question 732083: a car dealer earns a 4% commission on all cars sold. last month, he earned $7,200 in commission. he wants to earn $8,000 in commission this month. what increase in total sales from last month's total sales does he need in order to reach his goal for this month?

Click here to see answer by josmiceli(19441)

Question 732113: an investor invested a total of 2700 dollars in two mutual funds. one funded 5% and the other at 2% profit.if the investors total profit was $93 how much was invested in each mutual fund
Click here to see answer by mananth(16946)

Question 732014: What is the formula for borrowing $5000.00 for one year $100.00 interest what is the interest rate and how much paid at end of the year?
Click here to see answer by lynnlo(4176)

Question 731963: Please help, Find the present value. Payments of $82 made quarterly for 20 years at 8% compounded quarterly. A=P(1+(r/n))^(n*t)
I think I'm looking for A. The payments made quarterly is messing me up. Im I using the right equation? Im I setting the problem up right:
P=($82*4) r=.08 n=4 t=20
A=(82*4)(1+(.08/4))^(4*20)
A=(82*4)(1+(.02))^80
A=(82*4)(1.02)^80
A=1599.144043
Click here to see answer by lynnlo(4176)

Question 731883: you can afford car payment of $145 a month for years.the interest rate is 5.9%,compounded monthly.how much can you afford to borrow to buy a car?
Click here to see answer by lynnlo(4176)

Question 732301: how many clothes can u buy for 150 when the pants are 30 and the shirts are 15 dollars?
Click here to see answer by lynnlo(4176)

Question 732289: A company borrow $56,000 for 6 years at a simple interest rate of 10.5%. Find the interest paid on the loan and the total amount paid.

Click here to see answer by lynnlo(4176)

Question 732277: How many years will it take for an initial investment of $15000 to grow to $32300? Assume a rate of interest of 15% compounded daily.
I've been stuck on this problem for what seems like forever...
I've tried plugging it in to this savings formula which is
A=PMT[(1+APR/n)^ny-1 over APR/n] *PMT
A=accumulated amount after so many years, 32300
PMT= which is the initial amount
APR= rate, 15%
n= the number of times per year, which is .15/365 =.000410959
y= we are looking for the years..

I think i need to use log for this , I just do not know how

so if you can help me out, it would be greatly appreciated
-Stephanie
Click here to see answer by lynnlo(4176)

Question 732204: The revenue achieved by selling x graphing calculators is figured to be x(43-0.2x) dollars. The cost of each calculator is $35. How many graphing calculators must be sold to make a profit (revenue - cost) of at least $40.80?
Click here to see answer by lynnlo(4176)

Question 732279: On the day of a child's birth, a deposit of $40,000 is made in a trust fund that pays 5% interest, compounded continuously. Determine the balance in this account on the child's 24th birthday. Round your answer to two decimal places.)
Click here to see answer by Alan3354(69443)

Question 732391: Dan invested 20,000 dollars and earned 900 dollars in income in the first year. How much income would he have earned if he had invested 25,000 dollars in the same account?
Click here to see answer by rfer(16322)

Question 732385: $11,000 is invested for 9 years with an APR of 4% and quarterly compounding, what is the balance after 9 years?
Click here to see answer by rfer(16322)

Question 732584: On a bank account of $1,600, how much yearly interest will be paid if the rate is 5%?
Click here to see answer by lynnlo(4176)

Question 732648: 4. An initial deposit of $350 dollars was made 5 years ago. The bank has compounded 4% interest monthly for 5 years. How much is in the account to the nearest dollar?
Click here to see answer by solver91311(24713)

Question 732810: An investor invested a total of 2800 in two mutual funds. One fund earned a 6% profit while the other earned a 4% profit. If the investors total profit was $152, how much was invested in each mutual fund?
Click here to see answer by mananth(16946)

Question 732963:

if my net sales are 11000 per week how much would it be if it went up 5%

Click here to see answer by checkley79(3341)

Question 732901:
the cost of three note books and four pencils is $8.50.the cost of five notebooks and eight pencils is $14.50. determine the cost of one notebook and the cost of one pencil
Click here to see answer by checkley79(3341)

Question 732896:
How much would you have in the bank i invest �450 at 3% interest per annum for 4 years
Click here to see answer by checkley79(3341)

Question 732894:
Mike and Sarah buy books at a sale. Mike buys 3 hardcover books and 4 paperback books for $6.50. Sarah buys 2 hardcover books and 6 paperback books for $6.00. What is the cost, in dollars, of each hardcover book?
Click here to see answer by checkley79(3341)

Question 733027: An investment of $1,000 pays 9% annual interest, compounded semiannually. What is the interest earned in 10 years?
Click here to see answer by lynnlo(4176)

Question 733106: Determine the amount of an investment if $500 is invested At an interest rate of 4.25% compounded quarterly for 12 years.
Click here to see answer by stanbon(75887)

Question 733259: petrian is selling pen.she bought some at N$15 for 25pens and sold them [except for 25 broken ones]at N$1.80each to make N$225 profit.how many did she buy?
A)write the eguation to solve this problem?
B)how many did she buy?
Click here to see answer by lynnlo(4176)

Question 733429:
What is the simple interest for $450 invested in a savings account for 2.25% for 2 years?
Click here to see answer by checkley79(3341)

Question 733540: find the annual interest rate to the nearest tenth of a percent for 1100 to grow to 1800 if the interest is compounded quarterly for 6 years
Click here to see answer by stanbon(75887)

Question 733570:
Click here to see answer by sheldonbbtrocks(115)

Question 733589: john has one quarter and one dime .how much does he have in all
Click here to see answer by Alan3354(69443)

Question 733586: Danielle put $600 in a savings account. A formula for finding the amount in her account after y years is A = 600(1.05)y. How much will be in her account after 3 years?
Click here to see answer by josmiceli(19441)

Question 733632: if 30 cans equals 50 cent and 60 cans equals a dollar how many cans would take to reach$5000
Click here to see answer by chana(69)

Question 733627: 1 )The PTA at Magnolia Elementary is selling spirit shirts for students to wear on Fridays to raise money for a new track field. For any orders of 100 or more, the silk screening company will charge $195 set up fee and $3.50 per
T-shirt ordered. The PTA is charging $5 per shirt to students.
a. Write an equation for the total cost, C, of ordering t T-shirts. b. b. Write an equation for the revenue, R, for selling t T-shirts.
c. Write an equation for the profit, P, made by the PTA for selling the shirts.
d. (1 point) How many shirts does the PTA have to sell before they start making money for their fundraiser?
e. (1 point) If the PTA needs to raise $5000 for the new track field, how many T-shirts do they need to sell?

Click here to see answer by chana(69)

Question 733599: Thee individuals form a partnership and agree to divide the profits equally. X invests $9,000, Y invests $7,000, Z invests $4,000. If the profits are $4,800, how much less does X receive than if the profits were divided in proportion to the amount invested?
Click here to see answer by lynnlo(4176)

Question 733706: Todd currently has $5,000. What was the value of his money four years ago if he's earned
4 percent interest each year?
Click here to see answer by stanbon(75887)

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