Can someone help me with this algebra word problem? related questions

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Can someone help me with this algebra word problem?0Taleisa2012-10-01 06:37:03
Last year , an organization of professional women made ​​two small business loans totaling $ 31,000 to young women starting their own businesses . The money was borrowed at 7% and 10% interest rates Simple3 . If the organization's annual income received from these loans was $ 2,920 , what was the amount of each loan ?
Algebra word problem?0zana2012-11-02 00:52:25
Mary Ellen wants to purchase a used car from Anton's Automobiles that costs 9,000. She wants to pay off the car loan in 4 years. What simple interest rates allow for not spending more than $ 3,000 on interest in that time period? ( hint: l = Prt)
How would you solve this Algebra word problem?0Lana Von Monroe2012-09-11 07:50:03
As a rule of thumb debt payments ( other than mortgages ) must be less than 8 percent of gross monthly income of a consumer. Oliver earns $ 54,000 a year and has a student loan payment $ 100 a month what size car payment you can afford MedlinePlus MedlinePlus I tried this but I think it worked 100n 5400> 8percent
Algebra word problem need help deriving a formula?1ice cream2012-11-05 00:44:02
I would greatly appreciate ifsomeone could explain this, I am looking for the answer I just want to be able to derive the equation. MedlinePlus MedlinePlus Patrick is a loan officer at a bank . Has 2,000,000 to lend and has two loan programs . Your mortgage is priced at 6% per year , while its unsecured personal loan is priced at 14% . The bank president wants Parick to get a rate of return of 12% on disposal 2,000,000. How much should you pay 6% patrick .
Algebra II: Systems of Two Equations Word Problem?0terry morgan2012-10-02 12:25:03
Hello , MedlinePlus Heere is th problems : Chelsea took out three loans totaling $ 120,000 to start an organic garden . Your bank loan was at an interest rate of 8% , the small business loan was at an interest rate of 5% , and the mortgage on their house was an interest rate of 4% . Total simple interest earned on loans in a year was $ 5750. Annual simple interest mortgage is $ 1,600 more than the interest on the bank loan . How much would you borrow from each source ? MedlinePlus MedlinePlus How to solve ? MedlinePlus Thank you.
Algebra word problem help : Probelms included? Im not asking for answers just explanations on how to do them!?1swan2012-09-12 23:45:03
1. You have recently found a location for your bakery and have begun implementing the first phases of your business plan . Your budget consists of an $ 80,000 loan from his family and a loan of $ 38,250 small businesses . These loans must be repaid in full within 10 years . MedlinePlus a) What integer representing the total budget? MedlinePlus b ) Twenty-five percent of your budget will be used to rent business space and pay for utilities . Write an algebraic expression that indicates how much money will go into business space and utilities. Not solved simply write the expression . MedlinePlus c ) How much money will rent and utilities cost ? Explain how you arrived at this answer . MedlinePlus d ) Suppose an investor has increased your budget by $ 22,250. The investor does not have to be repaid. Rather , it becomes a part owner of your business . Will the investor contribute enough money to cover the cost of rent and utilities ? Support your answer and write an equation or inequality that illustrates your answer.
Algebra word problems. please help?0Jodie2012-09-24 23:11:03
Mr. Buddy is thinking of starting a business making pseudo . ? He plans to make cheap tuxedos for sale a party goers . ? he doesn
PRE ALGEBRA WORD PROBLEMS. CAN I GET SOME HELP :)?0enxhi2012-11-05 22:32:32
Jan and Stewart Jones plan to borrow $20,000 for a new car. They are trying to decide whether to take out a 4-year or 5-year simple interest loan. The 4-year loan has an interest rate of 6% and the 5-year loan has an interest rate of 6.25%. How much will they pay in interest on the 4-year loan? Jan and Stewart Jones plan to borrow $20,000 for a new car. They are trying to decide whether to take out a 4-year or 5-year simple interest loan. The 4-year loan has an interest rate of 6% and the 5-year loan has an interest rate of 6.25%. How much will they repay with the 4-year loan? Jan and Stewart Jones plan to borrow $20,000 for a new car. They are trying to decide whether to take out a 4-year or 5-year simple interest loan. The 4-year loan has an interest rate of 6% and the 5-year loan has an interest rate of 6.25%. How much more interest will they pay with the 5-year loan? Jan and Stewart Jones plan to borrow $20,000 for a new car. They are trying to decide whether to take out a 4-year or 5-year simple interest loan. The 4-year loan has an interest rate of 6% and the 5-year loan has an interest rate of 6.25%. If the Jones can get a 5-year loan with 5.75% simple interest, which of the loans is the best deal? (lowest total cost)
Word problem help, please?0jale2012-09-29 13:21:04
The principal P is borrowed and the future value of the loan A at time t is given . Determine the loan interest rate r simple to the tenth of a percentage point . MedlinePlus MedlinePlus 1. P = A = $ 3000.00 $ 3720.00 t = 4 years MedlinePlus MedlinePlus 2. P = A = $ 3900.00 $ 3982.88 t = 3 months MedlinePlus MedlinePlus 3. In order to start a small business , a student takes a simple interest loan for $ 2,000.00 for 6 months at a rate of 12.50 % MedlinePlus one . What interest does the student pays ? MedlinePlus b. Find the future value of the loan . MedlinePlus MedlinePlus Thank you !
Accounting word problem?0pop2012-09-17 20:46:03
Marcus is graduating from college in 18 months, but will need a loan in the amount of $ 14,087 for the last three semesters . Or you may receive an unsubsidized Stafford loan , with an interest rate of 6.8 % , compounded monthly , or their parents can get a PLUS loan , with an interest rate of 7.8 % , compounded monthly . The Stafford loan has a grace period of six months from the time of graduation. What loan will have a better balance in the time of payment and how ? MedlinePlus MedlinePlus MedlinePlus MedlinePlus The PLUS loan has a balance of $ 754.13 higher . MedlinePlus The Stafford Loan has a higher balance $ 303.55 . MedlinePlus The Stafford Loan has a higher balance $ 537.81 . MedlinePlus The PLUS loan has a balance of $ 323.92 higher .
Finance word problem help?0Wyman2012-11-04 14:04:47
kelly purchases a car for $24,000, makes a down payment of 30%, and finances the rest with a 3-year car loan at an annual interest rate of 7.2% compounded monthly-what's the amount of her monthly loan payment
How do I set up and solve this word problem?0Markella Smith2012-11-05 06:58:39
Please be descriptive Jen's two student loans totaled $12,000. One of her loans was at 6% interest and the other at 9%. After 1 year, Jen owed $855 in interest. What was the amount of each loan?

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