A well driller charges $10.00 for drilling the first meter of a well and for each meter thereafter charges 0.20% more than for the preceding meter. How much is charged for drilling a 150-m well?

Q: A man working on commission makes $220 for selling $5,600 worth of merchandise. What is his…

A: Solution: The objective is to find the commission rate

Q: In 6 years Harry and Sally would like to have $24,000.00 for a dow use. How much should they deposit…

A: In this question, the monthly payment is to be calculated using the formula. M1-1+i-ni=A

Q: Assume a 6 month CD purchase for 5,000 pays simple interest at an annual rate of 9.5. How much…

A:

Q: The parents of a 6-yr old boy have agreed to deposit $5 in their son's bank account on his 7th…

A:

Q: Miguel purchased a hot tub costing $5,010 by taking out an installment loan. He made a down payment…

A:

Q: 7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the…

A: I have Provided this answer in step-2.

Q: Brittany invested $2,890 for 232 days at a simple interest rate of 2.50% p.a. How much more or less…

A: Solved below

Q: A bank loaned out $20,000, part of it at the rate of 10% annual interest, and the rest at 4% annual…

A:

Q: Suppose you spend $12 a week on snacks. If you donate half that amount to a charity, how much will…

A: Given that, you spend $12 a week on snacks.

Q: A new car is purchased for 16200 dollars. The value of the car depreciates at 14.25% ber year. What…

A: The solution is here

Q: A distributor has a rate of markup of 30.00% on cost of its textbooks. If it sells each textbook for…

A:

Q: You promise your niece that you will give her $1 on her first birthday and double that amount every…

A:

Q: A deposit of $659 earns $15.10 interest at a rate of 4.5%. For how many days was this money on…

A: Solution

Q: A bank loaned out $23,500, part of it at the rate of 4% annual interest, and the rest at 13% annual…

A: In the given question we have to find the part of the amount $23500 s.t interest on the first part…

Q: A BANK LOANED OUT $11000, part of it at tge rate of 8% per year and the rest at 18% per year. if the…

A: In this question we have to find the amount which is loaned out at 8%.

Q: A distributor has a rate of markup of 30% of its textbooks. If it sells each textbook for $120.00,…

A: Formula: Cost+Markup =Selling price Given: Selling price=$120, Rate of markup=30%. To find: Amount…

Q: a bookshop has a sale with an additional 40% off the regular (1/4) price of their books. what…

A: A bookshop has a sale with an additional 40% off the regular (1/4) price of their books. what…

Q: A bank loaned out $600,000, a part of it at the rate of 12% per year and the rest at a rate of 6%…

A: Let the amount loaned at 12% be: x Let the amount loaned at 6% be: y Total amount loaned out is: $…

Q: A bank loaned out $120000 part of it at the rate of 8% per year and the rest at rate of 12% per…

A: topic - percentage

Q: Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

A: Given Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

Q: Todd Gunderson went into a partnership with two of his friends.  Manny and Jose, to share a route…

A: In question, we need to find Todd's amount in partnership.

Q: A vendor who sold bread at farmers' markets counted the number of leftover loaves at the end of each…

A:

Q: To pay for the new machinery in 10 years, a company owner invests $15,000 at 7.5% compunded…

A: To find the money available

Q: If Damon invests $1600 for 1 year in a savings account that pays a simple interest rate of 1.09%…

A: Definition used -            Simple interest -                            SI=Prt100…

Q: The total intrest that she paid on the loan was $270.

A:

Q: Lori buys a $1,075 certificate of deposit (CD) that earns 3.2% interest that compounds monthly.  How…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Keisha borrowed $300 from a bank for 5 years and was charged simple interest.The total intrest that…

A: Given that Keisha borrowed $300 from a bank for 5 years  She paid total simple interest $120. To…

Q: The simple interest on a $710 three-year loan amounted to $276.  What was the annual interest rate…

A:

Q: Nathan invested $2,870 for 219 days at a simple interest rate of 2.75% p.a. How much more or less…

A:

Q: If you want to earn 5% simple interest, how much should you pay for a note that will be worth…

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Q: You inherited $5000 with the stipulation that for the first year the money had to be invested in two…

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Q: Lucy deposits $8000 into an account that pays simple interest at a rate of 3% per year. How much…

A:

Q: Jacob invests $14,000 in an account that compounds interest quarterly and earns 4%. How long will it…

A:

Q: A man repays a loan of $3250 by paying $ 20 in the first month and then increases the payment by $15…

A: Let the loan is cleared in n months . Clearly, the amount form an A.P with first term is 20 and the…

Q: The cost of a particular private school inclues a one-time initiation fee of $2,000, plus annual…

A: It is given that one-time initiation fee is $2,000 and annual tuition fee is $10,000.The initiation…

Q: A friend has an IRA with an APR of 3%. She started the IRA at age 30 and deposits $125 per month.…

A: Use the formula of future value to determine the value of IRA.

Q: Sehr put $1,000 into a savings account that earns 4%/a in interest, calculated simply. How much will…

A:

Q: How many days did it take Romy to place 120,000 in an investment house that pays 8% simple interest…

A: If p= principal amount R= rate of interest t= time And I is the interest after time t at a r% rate…

Q: Nancy invested $6000 in a bond at a yearly rate of 3%. She earned $450 in interest. How many years…

A:

Q: A man deporied 2,000,000 into a bank that earns 2.85% in interert, How much wil he have after 13…

A:

Q: If $520 is invested for one year at 13% simple interest, how much interest is earned? The simple…

A: The objective of the question is determine the simple interest.

Q: If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to…

A: Topic:- simple interest

Q: A building has 28,000⁢ ft2 of floor space. When an addition of 6500⁢ ft2 is built, what is the…

A: Building floor space=28000 ft2 Additional built=6500 ft2

Q: A person collected $2,100 on a loan $1,800 they made 4 years ago. If the person charged simple…

A: We have formula for simple interest

Q: A butcher sells 4 paunds of meat for $14. What is the price per pound

A: A butcher sells 4 pounds of meat for $14.

Q: 3.) Jose's' car depreciates at a rate of 12% per year. He bought his car three years ago for…

A: Given, Jose's car depreciates at a rate of 12% per year. He brought his car three years ago for…

Q: Assume a six-month CD purchased for $5000 pays simple interest at an annual rate of 9.5%. How much…

A:

Q: Cameron invested $2,890 for 225 days at a simple interest rate of 3.75% p.a. How much more or less…

A:

Q: If john receive a water bill for R56.87 including vat how many KL of water did he used?

A: