Tutors Answer Your Questions about Money Word Problems (FREE)
Question 891432: An electrician sent Bonnie an invoice in the amount of a dollars for 6 hours of work that was done on Saturday. The electrician charges a weekend fee, f, in addition to an hourly rate, r. Bonnie knows what the weekend fee is. Write a formula Bonnie can use to find, r, the rate the electrician charges per hour.
Click here to see answer by josgarithmetic(39616) |
Question 641596: Brynn wants to combine her two favorite candies to make 15 pounds of a new mix to sell in her shop. She combines SUGARGREENIES which sells for 1.25$ a pound with GOBBLE-UMS which sells for 2.60$ per pound. If the new mix will sell at 2.06$ a pound, how much of each type of candy will Brynn need to use?
Click here to see answer by ilikecats(1) |
Question 641596: Brynn wants to combine her two favorite candies to make 15 pounds of a new mix to sell in her shop. She combines SUGARGREENIES which sells for 1.25$ a pound with GOBBLE-UMS which sells for 2.60$ per pound. If the new mix will sell at 2.06$ a pound, how much of each type of candy will Brynn need to use?
Click here to see answer by Fombitz(32388)  |
Question 891591: A credit union client deposits $900 in an account earning 9.5% interest, compounded quarterly. What will the balance of the account be at the end of 19
years?
Enter the answer in dollars and cents, and round to the nearest cent, if needed. Do not include the dollar sign. For example, if the answer is $0.61, only the
number 0.61 should be entered.
Balance $ ____________after 19 years.
Click here to see answer by LinnW(1048)  |
Question 891801: A coffee merchant has two types of coffee beans, one selling for $9 per pound and the other for $15 per pound. The beans are to be mixed to provide 100 lb of a mixture selling for $13.50 per pound. How much of each type of coffee bean should be used to form 100 lb of the mixture?
Click here to see answer by josgarithmetic(39616) |
Question 891824: A credit union client deposits $4,000 in an account earning 2.5% interest, compounded daily. What will the balance of the account be at the end of 21
years?
Enter the answer in dollars and cents, and round to the nearest cent, if needed. Do not include the dollar sign. For example, if the answer is $0.61, only the
number 0.61 should be entered.
Balance $ ____________ after 21 years.
Click here to see answer by LinnW(1048)  |
Question 891878: How much should be deposited in an account paying 4.75% interest, compounded semi-annually, in order to have a balance of $7,000 after 5 years and 6
months?
Enter the answer in dollars and cents, and round to the nearest cent, if needed. Do not include the dollar sign. For example, if the answer is $0.61, only the
number 0.61 should be entered.
Principal $ ____________
Click here to see answer by jim_thompson5910(35256) |
Question 891917: Maria went to the shopping mall to spend a total of $12,500.00 on a pair of pants, a sweater and a pair of shoes. The pair of shoes was 3/4 of the cost of the pair of pants and the sweater was twice the price of the pants. What are the costs of the items?
Click here to see answer by JulietG(1812)  |
Question 891917: Maria went to the shopping mall to spend a total of $12,500.00 on a pair of pants, a sweater and a pair of shoes. The pair of shoes was 3/4 of the cost of the pair of pants and the sweater was twice the price of the pants. What are the costs of the items?
Click here to see answer by josmiceli(19441)  |
Question 892007: tim is having a party and the food costs 4 pounds per person and he sells 90 tickets , so 90 people go. now i have to calculate the total food cost im confused so please help me by telling me how to do it& the answer thanks.
Click here to see answer by rfer(16322) |
Question 892030: You want to buy either a paperback or a hardcover book as a gift for five friends. Paperback cost 6.95 each and hard covered books cost 24.99 each. Write and simplify an expression for the total amount you spend if x of the books are paperback, Evaluate the expression if three of your friends get a paperback.
Click here to see answer by josmiceli(19441)  |
Question 892083: If $84,000 is invested in an annuity that earns 5.5%, compounded quarterly, what payments will it provide at the end of each quarter for the next 5½ years? (Round your answer to the nearest cent.)
Click here to see answer by Theo(13342)  |
Question 892261: The Happy Savings Bank offers a nominal interest rate of 6% compounded quarterly, whereas the People's Credit Union offers a nominal interest rate of 6.2% compounded semi annually. Suppose you want to open a new bank account and you have narrowed your choices to one of these institutions.
What is the Effective Interest Rate for Happy Savings Bank?
What is the Effective Interest Rate for People's Credit Union?
Where should you open your account?
Click here to see answer by LinnW(1048)  |
Question 892456: A total investment of $9,700is made into two savings accounts. One account yields 8% simple interest and the other 10% simple interest. He earns a total of $934.00interest for the year. How much was invested in the 8% account?
Click here to see answer by stanbon(75887) |
Question 892757: good morning. I need help in knowing the amount of mortage they obtained, may you please help I don't understand...................this is my question......
Dan and Dawn purchased a house for $69,500. They had to make a down
payment of 20%. How much was the amount of the mortgage they obtained?
Click here to see answer by LinnW(1048)  |
Question 892761: hello, I need a bit of help figuring out this problem......this is my question may you please help, thank you.................
Adam borrowed $1,200 for 18 months at 11.5% simple interest under an
add-on plan. What was his monthly payment?
Click here to see answer by Theo(13342)  |
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