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

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 757856: What is the interest earned on $400 invested at the rate of 6% for one year?
Click here to see answer by stanbon(75887)

Question 758073: Ten years ago, Lisa bought a hair salon for x dollars. She built up the business and it is now worth nine times what she paid for it. She decides to sell half of the business to a friend, and they become partners. Express the amount Lisa's friend must pay Lisa to buy half the business.

Click here to see answer by knighty2002uk(39)

Question 758130: If I make 300$ a day but I have to split it I get forty percent and my partner gets sixty percent how are we both getting.
Click here to see answer by Cromlix(4381)

Question 758161: by saving 12% of his income, a men saves 1200. find his income?
Click here to see answer by rfer(16322)

Question 758268: how long will it take 10,000 to grow to 12,000 if it invested at 9% compounded monthly?
Click here to see answer by nerdybill(7384)

Question 758358: If I put 3,400.00 in the bank and kept it there for 19 months and the interest rate on that savings account was .05% what would the interest be after 19 months? Need to know for a damage deposit refund. thanks!
Click here to see answer by jim_thompson5910(35256)

Question 758395: If I want $350000 when I retire with a 5.5% interest compounded monthly over 35 years, how much is my monthly payment?
Click here to see answer by MathTherapy(10549)

Question 758453: if $ 10,000 is invested in an account at 3% annual interest compounded quaterly, how much will be in the account in 5 years if no money is withdrawn?
Click here to see answer by lwsshak3(11628)

Question 758619: How many years would it take for $1.00 to double if it is compounded annually at 5%
Click here to see answer by nerdybill(7384)

Question 758622: Suppose $1000 is invested at an annual interest rate of 7% compute the balance after 10 years if the interest is compounded
1.Annually___
2.Quarterly___
3.Monthly___
4.Continuously__
Click here to see answer by lynnlo(4176)

Question 758664: MATH QUESTION---
A man bought some articles for $540. He lost 2 and sold the rest at $6 per article more than he gave for them. On the whole transaction he gained 10% on his outlay. How many articles did he buy?
Please help!
Thank You for Your Time :D
Click here to see answer by josmiceli(19441)

Question 758772: If oil costs 90 cents a quart, how many quarts can you buy for $4.50

Click here to see answer by Becca2003(1)

Question 758794: I am having a diffcult time finding the correct anser to the following question.
How much interest is earned in 3 years on $2000 deposited in an account paying 6% interest, compounded quarterly?
Click here to see answer by John10(297)

Question 758759: A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The trick ski requires 6 labor hours for fabricating and 1 labor hour for finishing. The slalom ski requires 4 labor hours for fabricating and 1 labor hour for finishing. The maximum labor hours available per day for fabricating and finishing are 108 and 24, respectively. If X is the number of trick skis and Y is the number of slalom skis produced per day, write a system of linear inequalities that indicates appropriate restraints on X and Y. Find the set of feasible solutions graphically for the number of each type of ski that can be produced.
Please help me with this, I am totally lost. Please expalin the steps so I'll understand how to solve these problems.
Click here to see answer by ankor@dixie-net.com(22740)

Question 758953: Math Question---
A certain number of persons promised to subscribe equally to a girft of $600, five of them failed to keep their promise, and each of the other increased his subscription by $10. The exact amount required was obtained. How many persons suscribed.
I have no idea how to do this question so PLEASE help!
Thank you for your time and help! :D
Click here to see answer by stanbon(75887)

Question 759003: how much pure acid should be mixed with 2 gallons of a 40% acid solution in order to get an 80% acid solution?
Click here to see answer by Alan3354(69443)

Question 759013: How much would $100 invested at 6% interest compounded annually be worth after 20 years? Round your answer to the nearest cent. Do not include units in your answer.
Click here to see answer by solver91311(24713)

Question 759022: John took a 6.3% pay cut to keep his job. If his new salary is $37,255, what was his salary before the pay cut.
This has to be an easy problem, but I'm just not getting the right answer no matter which way I formulate it.
Thank you!
Linda
Click here to see answer by solver91311(24713)

Question 759012: Mary has a handful of dimes and nickels that amount to $3.35. She has eight more dimes than nickels. How many of each coin does she have
Click here to see answer by Alan3354(69443)

Question 759078: A book online is 20% less than retail price of book. The online price is $29.60. what is the original retail price?
Click here to see answer by rfer(16322)

Question 759090: if $880 dollars is 15% of the projects cost. What is the cost of the project?
Click here to see answer by stanbon(75887)

Question 759202:
Paul has 15% of his gross pay directly deposited into a mutual fund account each month. If $630 is deposited each month, what is his monthly gross pay?
Click here to see answer by Cromlix(4381)

Question 759213: At what rate of interest will a sum of money amount to Rs.5310 in 2 years and Rs.6120 in 4 years? Plz. give solution.
Click here to see answer by nerdybill(7384)

Question 759302: Helen Meyer receives a travel allowance of $260 each week from her company for time away from home. If this allowance is taxable and she has a 40 percent income tax rate, what amount will she have to pay annually in taxes for this employee benefit?
Click here to see answer by Cromlix(4381)

Question 759011: A boat costs $16,600 and decreases in value by 14% per year. How much will the boat be worth after 11 years?
Click here to see answer by Cromlix(4381)

Question 759330: ali and jenna have 36 dollars together jenna has 2 twice as money than ali how much money does ali have ?
Click here to see answer by tommyt3rd(5050)

Question 759377: What is the loan payment for a $128,000 home bought with a 20% down payment and the balance financed for 30 years at 9.5%
Click here to see answer by jim_thompson5910(35256)

Question 759441: how much money has to be invested at 2.9% interest compounded continuously to have $34000 after 18 years?

Click here to see answer by lwsshak3(11628)

Question 759650: If you invest $10,000 at an annual rate of 7%, how much interest will you earn after one year
Click here to see answer by oscargut(2103)

Question 759841: The Book Nook makes four times as much revenue on paperback books as on hardcover books. If last month's sales totaled $124,300. how much was sold of each type of book? I get that we wil multiply I try to put this together as Let 4X = Nook
Let X = paperback
Let H = hardcover
so I get to here with X + 4(4x - H) = 124,300.00 I can't figure how to find the hardcover or get it in the equation correctly.
Click here to see answer by josgarithmetic(39613)

Question 760466: George deposits $45 at the end of each year for 4 years. How much will he have at the end of
year 4 if interest rate is 5% compounded annually?
Click here to see answer by Cromlix(4381)

Question 760515: one employee of a computer store is paid a base salary of $2150 a month plus an 8% commission on sales over $7000 during the month. How much must the employee sell in one month to earn a total of $3150 for the month?
Click here to see answer by nerdybill(7384)

Question 760521: A person borrows $3,600 and agrees to repay the loan in monthly installments over a period of 3 years. The agreement is to pay 1% of the unpaid balance each month for using the money and $100 each month to reduce the loan. What is the total cost of the loan over the 3 years?
Click here to see answer by jim_thompson5910(35256)

Question 760657: If you bought $4000 worth of some items and sold it for $5000 dollars, making $50 on each, how much the each Item were originally bought
Click here to see answer by arobin4(1)

Question 760671: sally earns graduated commission on her sales each month. She earns 6% commission on the first 45,000 in sales and 8% on anything over that. If Sally had 51,000 in sales this month, how much commission did she earn?
Click here to see answer by 2897696(96)

Question 760695: the original price of a box is 400 dollars. It is on sale for 360.00 what percent discount does this represent?
Click here to see answer by stanbon(75887)

Question 760780: If you sold 150 shares of Exxon at $36 7/8 per share, how many shares of Ford Motor could you buy at $51 � per share
Click here to see answer by MathTherapy(10549)

Question 760797: If the money and interest are left in the bank, how much is the total savings after three years for $2,000 at 11% annually compounded interest?
Click here to see answer by rfer(16322)

Question 760891: Susan is searching for a new apartment. Her monthly salary is $1,800, and she wants to spend no more than 35% of her budget on rent. What is the maximum amount Susan is willing to pay on rent
Click here to see answer by Cromlix(4381)

Question 760896: LINDA INHERITED AN ESTATE WORTH 225,000 THE ATTORNEY TOLD HER THAT THE INHERITANCE TAX WAS 7% AND THAT THEY WOULD DEDUCT IT FROM THE ESTATE BEFORE GIVING HER THE MONEY. HOW MUCH MONEY WILL LONDA RECIEVE?
Click here to see answer by Cromlix(4381)

Question 761139: how much money would a man have to invest at the rate of 5% per year, to have $1470 at the end of the year?
Click here to see answer by nerdybill(7384)

Question 761150: Theatre contains 500 seats and the ticket prices for the recent plays were $43 or adults and $28 or children. Total proceeds were $16,805. How many of each were sold?
Click here to see answer by Cromlix(4381)

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