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

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 891566: Carol earns $250 plus 7% of her weekly sales. If earns $1097.91, what were her weekly sales?
Click here to see answer by JulietG(1812)

Question 891570: How many gallons of 30% alcohol must be mixed with 60 gallons of 14% alcohol to obtain a solution that is 20% alcohol.
Click here to see answer by louiramirez229@yahoo.com(1)

Question 891570: How many gallons of 30% alcohol must be mixed with 60 gallons of 14% alcohol to obtain a solution that is 20% alcohol.
Click here to see answer by josmiceli(19441)

Question 891583: How long doyou need to wait to have a total of $2000 if you invest $1600 at 5% intrest?
Click here to see answer by nerdybill(7384)

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 891668: A gift shop owner invests her profits of $11,500 at 8�% for 9 months. Find the total amount in the account at the end of this time.
Click here to see answer by LinnW(1048)

Question 891581: How much do you need to invest if the intrest rate is 5% and you need a total of $1800 in 4 years?
Click here to see answer by LinnW(1048)

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 891614: the salary of a Man starts at Rs 800 and increase annually by Rs 20 until a maximum of Rs 1120 is reached .Find the total amount of money earned by him when he serves 15 years and 22 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 891818: An airplane accelerates down a runway at 3.20 m/sq.s for 32.8 seconds until is finally lifts off the ground. Determine the distance traveled before take off
Click here to see answer by Alan3354(69443)

Question 891844: If you spend $25.00 per day approximately how many days will it take you to spend $1,000.00?

Click here to see answer by Alan3354(69443)

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 891883: After a 13% discount, a new DVD player was selling for $217.50. What was the original price of the DVD player?
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 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 892081: If 6.5 apples makes one pound, and the weight of a box of apples is 40 pounds.
what is the average weight of each apple ?
Click here to see answer by JulietG(1812)

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 5� years? (Round your answer to the nearest cent.)

Click here to see answer by Theo(13342)

Question 892109: what was the cost price of an article which on being sold at a gain of 7.5% yields rupees 6 more if it was sold at a loss of 12.5%
Click here to see answer by Theo(13342)

Question 892274: How much interest does a $318 investment earn at 9% over one year?
Click here to see answer by rfer(16322)

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 892433: suppose $8000 is put into an account paying 6% compounded monthly. How long must the money be left in the account so that there is $20000 in it? Round your answer to the nearest tenth of a year
Click here to see answer by lwsshak3(11628)

Question 892537: Hi. Could you please tell me what you divide $700 by to get the answer in GBP. I have heard it is either 1.5 or 1.6. Thankyou
Click here to see answer by Theo(13342)

Question 892576: what is the present value of receiving $242 two years from today if the interest rate is 10%?
Click here to see answer by Fombitz(32388)

Question 892580: if you are going to buy laptop that costs $1,830 and you make payments of $1.59 how much a month is that and how long would it take you to pay it off?
Click here to see answer by Alan3354(69443)

Question 892583: A certain amount is invested for one year at 8% interest.The total principal and interest at the end of the year is $1620
Click here to see answer by rfer(16322)

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)

Question 892839: Intrest for my Credit Card is 6%.
My balance is $7200.
How much interest $.............. Will I pay in a month?
Click here to see answer by rfer(16322)

Question 892902: Jack invests $2,000 at a certain annual interest rate, and he invests another $3,000 at an annual rate that is one-half percent higher. If he receives a total of $265 interest in one year, at what rate is the $2,000 invested?
Click here to see answer by josgarithmetic(39616)

Question 892901: Supose u bought a t- shirt dat was priced at 1450 n da total bil was 1587.75 wat is da sales tax rate in dis city
Click here to see answer by novice(7)

Question 892877: half the money collected at a show is donated to charity. Tickets cost $50 each. The charity received $3500. How many tickets were sold
Click here to see answer by dkppathak(439)

Question 892832: Lisa made a long-distance telephone call to her friend Jane. The cost was $0.42 for the first minute and $0.19 for each additional minute. What was the total length of the call if it cost $2.89?
Click here to see answer by Fombitz(32388)

Question 893034: I am suffering from money problem.I want 1000$ in one day, what i can do? please help me.

Click here to see answer by Alan3354(69443)

Question 893027: How much interest will be charged on a student loan if $7500 is borrowed for 9 months at a 21.6% annual interest rate?
Click here to see answer by Alan3354(69443)

Question 893128: A person deposits $1500 in a savings account that pays 3% annual interest compounded yearly. At the end of 12 years, what will be the balance in the savings account if no additional deposits or withdrawals are made on the account?

Click here to see answer by jim_thompson5910(35256)

Question 893142: The current price of a school t-shirt is $10.58 next year the cost of a t-shirt will be $15.35 how much will the tee shirt increase next year?
Click here to see answer by jim_thompson5910(35256)

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