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

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Question 812484: John invested a portion of 15,000 at 10 percent annual interest rate and the balance at 6 percent annual interest. If he earned 1260 dollars for the year from two accounts how much did he invest at 10 percent
Click here to see answer by richwmiller(17219)

Question 812514: A person borrows 1000 from A and 500 from B, he looses 1000 and buys a product for 300. he gives back 100 to both A & B. Now he has to return 900 to A & 400 to B and has bought a product for 300. the sum is 1600. how 100 is extra?
Click here to see answer by richwmiller(17219)

Question 812544: imagine your grandfather gave you 5000 to invest in stocks, what stocks should you invest in

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Question 812613: An increasing number of American households are choosing to obtain their television reception through a satellite dish rather than a cable. The-Out-Of-This-World Company markets satellite service for an initial fee of $300, which included the purchase of the dish and installation, and then charges $20 per month for programming. The All-Wired-Up Company in the same area requires an initial fee of $14 for installation and then charges $31 per month thereafter.
a) Write an equation for Out-Of-This-World charges ( I did and got y=$20*x+$300 that right?)
b) Write an equation for All-Wired-Up charges (I did and got y=$31*x+$14 that right?)
c) How many months will they have to go for the charges to be the same.
Thank you so much!!
Click here to see answer by richwmiller(17219)

Question 812617: In 1920 the average life expectancy for a man was 53.6 years. In 1965, the average life expectancy for a man was 66.8 years.
a) What two points can you use to compare years to life expectancy? (I did this and got (1920, 53.6) and (1965, 66.8) is that right?)
b) Find and equation for the information (I did this and got 66.8-53.6=13.2 and 1965-1920=45 then got 13.2/45 is that right?)
c) what is the average life expectancy of a man in 2015?
Thank you!!
Click here to see answer by stanbon(75887)

Question 812661: How many days are in 70 years?
Click here to see answer by everyone_luvs_mandy(1)

Question 812712: 100$ is put into an account that earns 3.5% interest compunded annually. How much would be in the account after 10 years? Also how long would it take for the account to have $200? For the first part I got 145$ and the second part I had no idea!thank you so much!
Click here to see answer by stanbon(75887)

Question 812676: If you get $310 for working 35 hours, how much do you earn for working 25 hours?
Click here to see answer by luke94(89)

Question 812976: The value of Maggie's car decreased by 15% since last year, when she bought it. If the car is now worth $17,000.00, how much was the car worth when she bought it?
A. $21,250.00
B. $19,550.00
C. $18,888.89
D. $20,000.00

Click here to see answer by ewatrrr(24785)

Question 812977: The value of Maggie's car decreased by 15% since last year, when she bought it. If the car is now worth $17,000.00, how much was the car worth when she bought it?
A. $21,250.00
B. $19,550.00
C. $18,888.89
D. $20,000.00

Click here to see answer by ewatrrr(24785)

Question 813348: a women has a income of $2800 per month and budgets $364 per month for food. what percent of her income is on food?
Click here to see answer by TimothyLamb(4379)

Question 813456: It costs $44 per hour plus a flat fee of $23 for a plumber to make a house call. After writing an equation for this situation, suppose the total cost to have a plumber come to a house is $331. How many hours did the plumber work?
Click here to see answer by rfer(16322)

Question 813433: A mutual fund pays 3% compounded monthly. How much should I invest now so that 12 months from now I will have $3500 in the account?
Click here to see answer by Alan3354(69443)

Question 813494: A woman weekly salary is increased from $350 to $380. What percent of increase is most nearly
Click here to see answer by stanbon(75887)

Question 813431: A family is renting an apartment. For 2007, the rent is $1849 per month. The monthly rent in 2007 is 7.5% higher than the monthly rent in 2006. Determine the monthly rent in 2006.
Click here to see answer by TimothyLamb(4379)

Question 813655: How much money should you deposit that pays 4% interest compounded continuously to have 70,000 in 18 years?
Click here to see answer by ewatrrr(24785)

Question 813668: Please help me to solve this word problem:
If the average cost per unit C(x) (in dollars) to produce x units of plywood is given by C(x)=1500/(x+50, what is the unit cost for 40 units?
a) $37.50 b) $0.75 c) -$12.50 d) $16.67
Thank you.
Click here to see answer by ewatrrr(24785)

Question 813669: Please help me to solve this word problem:
An open-top rectangular box has a square base and it will hold 102 cubic centimeters (cc). Each side has length x cm, and it has a height of y cm.
Express the surface area as a function of the length of x of a side of the base.
a) 408+x^2 b) (102/x)+x^2 c) (204/x)+x^2 d) (408/x)+x^2
Thank you.
Click here to see answer by richwmiller(17219)

Question 813730: Chuck receives loans totaling $12,000 from two banks. One bank charges 7.5% annual interest and the second bank charges 6% annual interest. He paid $840 in total interest in one year. How much was loaned at each banks?
Click here to see answer by richwmiller(17219)

Question 813903: Find the compound interest: Principal $2,100; Rate 16%; Compounded Quarterly; Time 5.5 years.
Click here to see answer by ewatrrr(24785)

Question 813910: $600 in a bond that pays 11% interest compounded semiannually. How much money will there be in 5.5 years?
Click here to see answer by ewatrrr(24785)

Question 813904: James and Susan wish to have 10,000 available for their wedding in 2 years. How much money should they set aside now at 6% compounded monthly in order to reach their financial goal?
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Question 814096: Please Me Solve This Problem
Click here to see answer by ankor@dixie-net.com(22740)

Question 814187: Marita invested a total of $25,000 in stocks, bonds, and a mutual fund. In one year she earned 8% on her stock investment, 10% on her bond investment, and 6% on her mutual fund, with a total return of $1,860. Unfortunately, the amount invested in the mutual fund was twice as large as the amount she invested in the bonds. How much did she invest in each?
Click here to see answer by richwmiller(17219)

Question 814240: How much money would need to be deposited into an account earning 5.25% interest compounded annually in order for the accumulated value at the end of 25 years to be $75,000?
Click here to see answer by ewatrrr(24785)

Question 814262: If you start out with $25000 in a trust fund with 8.75% interest how much would you have in 25 years
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Question 814300: I can not figure out the method to solve this problem. Please help
a real estate agent earns 7200 on the sale of a 120000 dollar house. what would be the commission on a 200000 dollar house?
Click here to see answer by TimothyLamb(4379)

Question 814331: $1500 was invested for 2 years in an account that pays interest compounded annually. What was the interest rate if the investment was worth $1800 after 2 years
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Question 814346: 23% of Ms.Allgaier's students are getting A's. If Ms. Allgaier has 20 students getting A's, how many students does Ms.Allgaier teach?
Click here to see answer by ewatrrr(24785)

Question 814347: Tim went out to dinner with his friends and their bill was $68. If Tim left $80, what percent did her tip?
Click here to see answer by ewatrrr(24785)

Question 814289: A 1200 kg of a radioactive element kept decaying for 50 years until 300 kg of the element remained. What is the half-life of the element? I can not figure this answer out! Please help
Click here to see answer by ankor@dixie-net.com(22740)

Question 814370: Harry opened a food truck business. On day 2, the business earned $112. On day 5, the business earned $367. Harry assumes that the earning will continue to increase at the same rate. How much will the business earn on day 10?
Click here to see answer by richwmiller(17219)

Question 814372: Harry went to an exhibit in the zoo that only houses camels and ostriches.He saw 60 eyes and 86 feet but can't remember the exact number of each animals that he saw. How many ostriches were there? How many camels were there?
Click here to see answer by richwmiller(17219)

Question 814586: $16000 is invested for 5 years at 8% compounded annually.
A. Find the total interest earned over 5 years to the nearest cent.
B. find the simple interest rate that should deliver the same overall interest at the end of the 5 years.
??
Click here to see answer by ewatrrr(24785)

Question 814686: I cannot come up with a formula to solve this. If lean hamburger purchased at $1.89 but loses 10% weight during cooking--and regular hamburger costs $1.09 but loses 30% weight during cooking...what would have to be the purchase price of the lean meat in order to make it of equal value to the regular? Thank you!
Rebecca
Click here to see answer by LinnW(1048)

Question 814672: you deposit $1600 in a bank account. Find the balance after 3 years for each of the following situations:
a) the account pays 2.5% annual interest compounded monthly
b) the account pays 1.75% annual interest compounded quarterly
c) the account pays 4% annual interest compounded yearly
Click here to see answer by LinnW(1048)

Question 814695: Hannah borrowed $12,800 at a 4% interest rate for 6 years. What was the total interest?
Click here to see answer by ewatrrr(24785)

Question 814700: How to round 1 minute and 14.2 seconds to the nearest minute?
Click here to see answer by Alan3354(69443)

Question 814635: x wants to get 5000 per month interest for his monthly expenses wat is deposit amount he should place if the interest is 7
Click here to see answer by LinnW(1048)

Question 814710: Zachary borrowed $5,000 at an interest rate of 4%. The interest paid is $1,800. How long did Zachary borrow the money?
Click here to see answer by ewatrrr(24785)

Question 814858: If I earned $220 in 7 months how much would i earn in another 12 months
Click here to see answer by richwmiller(17219)

Question 814888: If I need 30 copies of software that for a one time license fee costs $1,548 per copy and get a 12% discount, what would be my total order price?
Click here to see answer by TimothyLamb(4379)

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