Money - high school - math problems
Number of problems found: 162
- Railways 3
Railway Corporation wants to purchase a new machine for $360,000. Management predicts that the machine can produce sales of $220,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (exc
- 6 plates
6 plates and 5 cups cost 37.50 dollars. 7 plates and 6 cups 44.10 dollars. Each plate costs the same amount as the other cup. What is the cost of 1 plate? What is the cost of 1 cup?
Oh I total of $15,000 deposited into simple interest accounts the annual simple interest rate on one account at 6% the annual simple interest rate on the second account at 7% how much should be invested in each account so that the total interest earned is
- The profit
The profit made by a business in 2018 was triple that made in 2019. The profit made in 2020 was R 3 million less than the profit made in 2019. If the total profit in these 3 years was R 67 million, what was the profit made in 2020?
Edmond Santos borrowed USD 20,000 for 18 months at 6 1/2 % per year. Find the APR (Annual Percentage Rate) if the loan was repaid monthly. The answer is: Note: APR is expressed as a percentage that represents the actual yearly cost of funds over the term
- Five years
Nakato Nobuki, a Japanese artist, wants to have $24,000.00 in his savings account at the end of five years. Mr. Nobuki deposits $1,500.00 annually into savings and has a balance of $8,000.00 today. What must the interest rate on the savings account be for
- Future value investment
Poseidon deposited 2,747 golden drachmas in a Mount Olympus college savings account to ensure Percy can go to college. It pays 0.04 (percent in decimal form) annual interest. After 11 years, he withdraws the money. How much more money would he have if the
- An engineer
An engineer and five technicians on an oil rig together earn $14208 per month, whilst three engineers and nine technicians together earn $28800 per month. Find how much an engineer and how much a technician earns per month.
- Saving in January
On the 1st of January a students puts $10 in a box. On the 2nd she puts $20 in the box, and so on, putting the same number of 10-dollers notes as the day of the month. How much money will be in the box if she keeps doing this for a the first 10 days of Ja
- Maturity value
IKEA Furniture’s can purchase furniture with 3 year simple interest loan at 8% interest per year. What is the maturity value of 3500 loan?
- Exchange € 100
Find out how many ways you can exchange € 100 if you have an unlimited number of 50, 20, 10 and 5 euro banknotes. Use a method other than listing all options systematically.
- In the
In the department store they sell bicycles for families with children. Women's bicycles are 10% more expensive than men's and children's bicycles are a third cheaper than women's bicycles. The family paid a total of CZK 31,030 for two children's, one men'
- Suppose 3
Suppose that a couple invested Php 50 000 in an account when their child was born, to prepare for the child's college education. If the average interest rate is 4.4% compounded annually, a, Give an exponential model for the situation b, Will the money be
- You take
You take out Php 20 000 loan at 5% interest rate. If the interest is compounded annually, a. Give an exponential model for the situation b. How much Will you owe after 10 years?
Tourists hire a guide. Everyone will pay the same amount. If there are two less of them, they will pay 14 crowns more, and if there are three more, they will pay 14 crowns less. How many tourists are there and how much have the guides paid.
- Duo mix
In one kilogram of meat of two colors is 650 g of pork, the rest is chicken. One kilogram of pork is 40 CZK more expensive than a kilogram of chicken. How many CZK cost one kilogram of chicken meat so that the price of one kilogram of meat of two colors i
- Two years
Roy deposited 50,000.00 into his account paying 4% annual interest compounded semi annually. How much is the interest after 2 years?
- Two grandmothers
Two grandmothers went to sell eggs at the market, and they had a total of 100. When they sold all the eggs, they made the same money. The first grandmother says to the second: "If I sold my eggs for your price, I would earn 15 crowns. " The other grandmot
- Annual interest
A loan of 10 000 euro is to be repaid in annual payments over 10 years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid.
- Bank account CZ
We will deposit CZK 6,600 into the bank for 1 year with an interest rate of 2.5%. The interest tax is 15%. How many crowns will we receive after one year?
Money - math problems. Examples for secondary school students.