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

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Question 809742: Three employees split a profit of $1000, the crew leader gets 5.5% more than the other 2 employees. How much does each get?
Please include equation if possible.
Click here to see answer by richwmiller(17219)

Question 809755: What is the amount of money I will have after a year if I put $5,000 in my Savings Bond account and the bank pays me 3.5% each year?
Click here to see answer by stanbon(75887)

Question 809858: A total of $7100 was invested as follows: a certain amount at 7%, twice that amount at 10%, and the remainder at 12%. If the annual interest from the three investments was $699, how much was invested at each rate?
Click here to see answer by mananth(16946)

Question 809900: you have $121 in a savings account and save $10 per week. Your friend has $85 in a saving account and saves $16 per week. How many weeks will it take for you and you friend to have the same balance?
Click here to see answer by TimothyLamb(4379)

Question 809942: larry want 50 pounds of tea that he can sell for $5.14 per pound. if he has tea that sells for $7.80 per pound and tea that sells for $4.30 per pound, how much of each should he use?
Click here to see answer by richwmiller(17219)

Question 809873: A car rental agency rents 200 cars per day at a rate of $30 per day. For each $1 increase in rate, 5 fewer cars are rented. At what rate should the cars be rented to produce a maximum income? What is the maximum income?
Click here to see answer by josgarithmetic(39617)

Question 809686: How do I solve an interest problem that is asking for the amounts invested at 2 different rates? It gives me the time (1year), the rates (2.5% and 3.0%) and the total interest earned ($850).
Click here to see answer by richwmiller(17219)

Question 809927: A furniture company currently produces 5200 chairs per month. If production increases 9%, find the increase and new number of chairs.
Click here to see answer by TimothyLamb(4379)

Question 810014: Joe deposits 3000 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 3 years?
Click here to see answer by stanbon(75887)

Question 810173: Bob has a debt of $6,256 at 29% interest. He wants to pay it off in two years. How much must he pay each month to meet this goal?
Click here to see answer by richwmiller(17219)

Question 810187: Sue is selling tickets. The first day she sold 4 senior citizen tickets and 2 children tickets for a total of $80. The second day she sold 5 senior tickets and 7 children tickets for a total of $145. What is the price of the senior tickets and the children tickets?
Click here to see answer by richwmiller(17219)

Question 810274: Mrs mitchell put a total of 10000 dls in two accounts. One account sarna 6% simple annual interest. The other earns 6.5% simple interest . After 1 year the two accounts earned 632.50 interest. Find how much money was invested in each account?
Click here to see answer by mananth(16946)

Question 810244: number 1-5 in ascending order..
4
008.00
888.123
080.468
5
Click here to see answer by edjones(8007)

Question 810375: the bike cost $120 dollars the sales tax rate was 8 percent what was the total cost of the bike including sales tax

Click here to see answer by TimothyLamb(4379)

Question 810498: Pat invested $3K. part of the money was invested in an account that paid 10 percent simple annual interest and the remainder of the money was invested in a fund that paid 8 percent simple annual interest. if the interest earned at the end of the first year from these was $256, how much did Pat invest at 10 percent and how much at 8 percent.
Click here to see answer by richwmiller(17219)

Question 810503: A hotel has 260 rooms � some single and some doubles. The singles costs $69 per night and the doubles cost $85 per night. Because of a math teacher�s convention, all the hotel rooms are occupied. The sales for this night are $21,076. How many singles rooms are there
Click here to see answer by richwmiller(17219)

Question 810502: At a local bank Wanda received $10 bills and $20 bills in exchange for $100 bill. She received a total of 8 bills. How many $10 bills did she receive?
Click here to see answer by richwmiller(17219)

Question 810586: the cost of adding a new family room to a home is 6 times as much as the cost of painting the house. If the family room addition costs $18,000, find the cost of painting the house?

Click here to see answer by TimothyLamb(4379)

Question 810557: if 30000 is 8% of an account what is the total amount of money in the account

Click here to see answer by TimothyLamb(4379)

Question 810631: For the last five years Larissa has been depositing $135 at the end of every month into a savings account that earns 5.5% compounded quarterly.

If she continues this savings plan for another eight years, how much will she have in her savings account altogether?
i don't know how to solve this one can you help me

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

Question 810714: a supermarkt gives 10%discount on the marked prices of all items during a sale. find amount of discount given and sale price if marked price is $110
Click here to see answer by oscargut(2103)

Question 810752: The hotel bill for a number of people for overnight stay is Rs4800. If there were four people more, the bill each person had to pay would have reduced by Rs200. Find the number of people staying overnight.
Click here to see answer by richwmiller(17219)

Question 810809: A total of $1500 was invested, part of it at 10% per year and the remainder at 6% per year. If the total yearly interest amounted to $130, how much was invested at each rate?

Click here to see answer by oscargut(2103)

Question 810824: A total of $16,000 is invested in 3 accounts earning 4%, 6%, and 8% annual interest. The combined interest for one year is $934. If the amount invested at 8% is three times the amount at 6%, find the amount invested at 4%.
Click here to see answer by mananth(16946)

Question 810957: a shopkeeper marks the price of an article at $80. find the selling price of the article if
(a) he gives a discount of 10%.
(b) he gives two successive discount of 5% each.
Click here to see answer by taha(2)

Question 810925: Hello! I need help in solving this problem. Please. I have difficulties in solving word problems. Thanks in advance to those who can answer this question. Also, Can you include an explanation in each step.
If ben invests $4000 at 4% interest per year, how much additional money must he invest at 5 �% annual salary interest to ensure the interest he receives each year is 4 �% of the total amount invested?

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

Question 810980: If u buy 4 dollars worth of candy and the sales tax is 5% how much will you have to pay
Click here to see answer by Vickyness(1)

Question 810709: Billy has two investments totaling $9000. One investment 6% and the other 10%. If the interest was $630 total annual. How much was each is invested at each rate.
Click here to see answer by richwmiller(17219)

Question 811041: If a car dealership has 180 cars in the lot the get 25% more. How much cars will they have?
Click here to see answer by rfer(16322)

Question 811122: Kara borrowed $1500 for 5 years. She Paid $435 in interest. What is the interest rate
Click here to see answer by ortarico(23)

Question 811122: Kara borrowed $1500 for 5 years. She Paid $435 in interest. What is the interest rate
Click here to see answer by MathTherapy(10552)

Question 811160: There is going to be a spaghetti diner and the seller estimates 150 adults and 200 students. Write an equation to find the ticket price you can set to raise $900!!! PLEASE HELP ME !
Click here to see answer by stanbon(75887)

Question 811288: If 3 gallons of Grade A oil are mixed with 7 gal of grade B oil the resulting mixture is 43 cents/gal.However,if 3 gal of Grade A oil are mixed with 2 gal of Grade B oil the resulting mixture is worth 46 cent/gal.Find the price per gallon of each grade.
Thanks for the help.!
Click here to see answer by richwmiller(17219)

Question 811257: Suppose a certain amount of money was invested at 6% per year, and another amount at 8.5% per year, with a total return of $1250. If the amounts invested at each rate were switched, the yearly income would have been $1375. To the nearest whole dollar, how much was invested at each rate?
Click here to see answer by richwmiller(17219)

Question 811383: You have $70,000 to invest. Part in a mutual runs paying 8% per year, the rest in an EFT paying 12%. You must have a 9% return on the investments. How much should you put in each investment?
Click here to see answer by richwmiller(17219)

Question 811403: A man invests $10,000 for 4 yrs at 4% simple interest. What is the value of his investment after 4yrs
Click here to see answer by solver91311(24713)

Question 811478: A ticketing agency charges a fee of $6.50 for concert tickets, plus $22.50 for each ticket purchased. If your total charge for tickets is $209, how many tickets are you purchasing?
Click here to see answer by richwmiller(17219)

Question 812028: I am in a College Algebra class online and could use a little help with a word problem regarding banking.
The question is:
Wendy, a loan officer at a bank, has 1,000,000 to lend and is required to obtain an average return of 18% per year. If she can lend at the rate of 19% or at the rate of 16%, how much can she lend at the rate of 16% and still meet her requirement?
I am thinking that you would use the formula I=PRT but I am unsure of how to set up this problem.
Click here to see answer by Alan3354(69443)

Question 812083: how many years will it take $5,500 to grow to $6,300 if it is invested at an annual rate of 2.5% compounded continuously?
Click here to see answer by Edwin McCravy(20056)

Question 812177: Susan invests 3 times as much money at 11% as she does at 8%. If her total interest after 1 year is $1230, how much does she have invested at each rate?
Susan invests $ at 8% and $ at 11%.
Click here to see answer by richwmiller(17219)

Question 812206: Problem: In a group of 60 workers the average salary is $80 a day per worker. If some of the workers earn $75 a day and all the rest earn $100 a day, how many workers earn $75 a day?
Note: I have no idea how to start off! Please help me. Thank you.
Click here to see answer by ankor@dixie-net.com(22740)

Question 812290: student tickets sell for $2 each and adult tickets sell for $5 each. If 50 tickets were sold for a total of $130, how many of each type were sold?
Click here to see answer by luke94(89)

Question 812152: together john and jane have 45 cars john has 5 more than jane how many do they each have
Click here to see answer by luke94(89)

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