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

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Question 814842: price of food : if jonathan purchases two hamburgers and four orders of French fries for $8 and Hannnah purchases 3 hamburgers and two orders of French fries for $8, what us the price of each item?
Click here to see answer by josgarithmetic(39616)

Question 814913: A shopkeeper purchased 200 bulbs for Rs. 10 each. However, 5 bulbs were fused and had to be thrown away. The remaining were sold at Rs.12 each. What will be the percentage profit?
Click here to see answer by mananth(16946)

Question 815007: please help me on this question : brian puts �320 into a bank account that pays him 5% interest per year, how much money does brian have at the end of one year ?
Click here to see answer by rfer(16322)

Question 815201: if i was 10 and 4 months and had a car crash and got �2000 pounds and it gained 2.5% in interest every year how much would i have wen i am 18
Click here to see answer by Alan3354(69443)

Question 815267: Mr. Wilson invested money in two accounts. His total investment was $30,000. If one account pays 4% in interest and the other pays 6% in interest, how much does he have in each account if he earned a total of $1,380 in interest in 1 year?
Click here to see answer by mananth(16946)

Question 815269: in 20 days a boy saved one dollar. What was his average daily savings
Click here to see answer by rfer(16322)

Question 815289: I spent 2 fifths of my money. I now have $75.how much did I spend?
Click here to see answer by KMST(5328)

Question 815443: If, on average, Bob can make a sale to every 3rd person that comes into his store, how many people must come into Bob�s store if he wanted to make approximately fifteen (15) sales?

Click here to see answer by TimothyLamb(4379)

Question 815497: If the inflation rate were 4%, use the formula for continuous compounding to find the number of years, to the nearest tenth, for a $1 item to cost $2.
Click here to see answer by ewatrrr(24785)

Question 815535: The value of a mirror exceeding 10 m2 in area varies directly as the square of its area. Given that a 60 m2 mirror costs $400. Find the price of 45 m2 mirror?
Solution with explanation please
Click here to see answer by TimothyLamb(4379)

Question 815657: A woman earns $1,350 in interest from two accounts in a year. If she has three times as much invested at 7% as she does at 6%, how much does she have in each account?

Click here to see answer by mananth(16946)

Question 815730: At what rate of interest will 90000 yield a simple interest of 2500 in two years.
Click here to see answer by rfer(16322)

Question 815822: Thank you for helping me with this questions
Click here to see answer by richwmiller(17219)

Question 816051: alice, barbara and carol chip in for a $200 punch bowl for their mother. barbaras share is one and a half times alice's share and carol's share is $60. how much money did alice contribute toward the present?
Click here to see answer by TimothyLamb(4379)

Question 816192: What is the accumulated amount A if the principal P = $11,000 is invested at the interest rate of r = 5% per year for t = 5.5 years, compounded quarterly.

Click here to see answer by ewatrrr(24785)

Question 816271: [ members of the computer club were assessed equal amounts to raise $1200 to buy new software. When 8 [NEW] members joined, the per-member assessment was reduced by $7.50. What [IS] the new size of the club? ]
Click here to see answer by TimothyLamb(4379)

Question 816321: A man intends to invest $1,000 at simple interest. Solve the formula A = p + prt for t and find how long it will take to double his money at the rates of 5%, 7%, and 10%.
Click here to see answer by ewatrrr(24785)

Question 816470: in 6 months you want to have $7000 worth of remodeling done to your home how much should you invest now at 9% simple interest
Click here to see answer by rfer(16322)

Question 816470: in 6 months you want to have $7000 worth of remodeling done to your home how much should you invest now at 9% simple interest
Click here to see answer by MathTherapy(10551)

Question 816473: I need help with this problem: How much interest will you earn on $2300 invested at 3% simple interest for three and a half years?
Click here to see answer by rfer(16322)

Question 816475: A Stockbroker charges a 3.5% commission to sell shares of stocks for a client. Find the value of stock sold by a broker if the commission was $490. If anyone can help me out with this as soon as possible I would really appreciate it I have to submit the answer before 11pm
Click here to see answer by rfer(16322)

Question 816462: suppose you have $1000 to invest. which investment gives the better return over five years: 5% compounded quarterly or 4.75% compounded continuously?
Click here to see answer by rfer(16322)

Question 816538: You invested $6000 between two accounts paying 4% and 8% annual interest. If the total interest earned for the year was $400, how much was invested at each rate?
Click here to see answer by mananth(16946)

Question 816582: What is the future value of 4,000 in a bank account for 5 years at a 4 percent compounded bimonthly
Click here to see answer by stanbon(75887)

Question 816622: an initial investment of $12,000 is appreciated at 2 years in an account that earns 5% interest, compounded quarterly. Find the amount of money in the account at the end of the period.
Click here to see answer by erica65404(394)

Question 815543: Hi i need help on this question, please help:
Carol and Anthony will invest �5100 per year in a savings account at a rate of 4% per year compounded annually. How much will the JOINT total be after 5 years.
Can someone please explain how to work it out or what formula to use.
Thank you!
Click here to see answer by KMST(5328)

Question 816750: Phyllis invested $12,000, a portion earning a simple interest rate of 4.5% per year and the rest earning a rate of 4% per year. After 1 year the total interest earned on these investments was $525. How much did she invest at each rate?
I am constantly getting this answer wrong. The book is saying 30, but when I follow the equation
0.04x +0.045(12000-x)=525
my answer is way off. Maybe I'm working out the wrong equation.
Click here to see answer by ewatrrr(24785)

Question 816807: If I am paying $400 in rent and it is raised 8%, how much increase will I have to pay?

Click here to see answer by ewatrrr(24785)

Question 816806: if i am paying $400 in rent and it is raised 8% how much will I be paying

Click here to see answer by ewatrrr(24785)

Question 816923: Mike deposited $500 for 9months at 8%. Compounded quarterly
A) How many times was interest added to Mike's account?
B) What percent intrest was added each time?
C) What was the balance in Mike's account at the end of one year?
Click here to see answer by stanbon(75887)

Question 816952: The equation V = -2000t + 20,000 describes the value in dollars of a certain model of car after it is t years old. If a car is worth $14,000, find the age of the car.
Click here to see answer by TimothyLamb(4379)

Question 817000: How much money should be deposited today in an account that earns 5% compounded monthly so that it will accumulate to $12,000 in three years?
Click here to see answer by rfer(16322)

Question 817325: In a sale, the price of a computer is reduced from $1,280 to $1,030. Find the rate of the discount and the amount of the discount. Round the discount rate to the nearest tenth of a percent if necessary.
Click here to see answer by TimothyLamb(4379)

Question 817544: 35,000 dollars were made off of 2,000 tickets sold. Student tickets were 10$ & non student tickets were 20$. How many students bought tickets & how many non student bought tickets?
Click here to see answer by TimothyLamb(4379)

Question 817672: If I bought a car for $x and sold it for a profit of $y what did I receive for it?
Click here to see answer by richwmiller(17219)

Question 817797: Sam invested $1950, part of it at 6% and the rest at 8% yearly interest. the yearly income on the 8% investment was $6 more than twice the income from 6% investment. How much did he invest at each rate?

Click here to see answer by FightinBlueHens(27)

Question 817846: If you invest $5,000 in a simple interest account at 1.8 percent for 5 years, what is the amount in the account at the end of 5 years?
Click here to see answer by ewatrrr(24785)

Question 817935: Can you explain how to solve this problem to me ? Thank you !!!
$3400 principal earning 4%, compounded monthly, after 8 years, how much is it ?
Click here to see answer by ewatrrr(24785)

Question 818120: Fred found two dollars. He now has five times as much money as he would have had if he lost two dollars. How many dollars did Fred have originally?
I also need a formula for this problem. Thank you!
Click here to see answer by stanbon(75887)

Question 818169: What is $670 shared between 17 people
Click here to see answer by jim_thompson5910(35256)

Question 818359: the profit on a certain refrigerator is 35% of the cost price. if the profit is $280, find
a) the cost price
b) the selling price
Click here to see answer by rfer(16322)

Question 818364: an investor invested a total of $1100 in two mutual funds. one fund earned a 8% profit while the other earned a 6% profit. if the investors total profit was $70, how much was invested in each mutual fund?
Click here to see answer by stanbon(75887)

Question 818406: How long (in years and months) will it take for an investment to double at 4% compounded monthly?
Click here to see answer by Alan3354(69443)

Question 818445: Find how long it takes for $1500 to double if it is invested at 7% interest compounded monthly. Use the formula A=P(1+r/n)^nt
Click here to see answer by stanbon(75887)

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