34 Answered Questions for the topic Financial Algebra

How would you put this in y=mx+b format

Tara borrowed $1250 from her parents to buy a used car. Her parents do not charge any interest, and Tara makes $80 payments to them each month. What is the equation that models the money Tara owes?

financial algebra HW help!!

the lisbon's new heat pump cost $4000. They bought it to replace their old furnace and air conditioner which cost about $2800 a year to run. The heat pump will save them approximately 39% a year.... more

Craig and Tammy recently sold their home for 255,000. Their loan balance is 135,680. What is their equity before paying seller´s expenses

I need help solving this problem I don´t know how to solve it please help

An electric company charges a $40 monthly fee plus a usage fee $0.02 per kilowatt hour. A 7% tax is added to each bill.

write an Equation and solve if you ran electricity  for 40 hours

how much money should mr. leonard pay the agency, to the nearest cent?

Mr. Leonard took a job through an employment agency. The job pays $88k per year. He must pay a fee to the employment agency. The fee is 22% of his first four weeks of pay. How much money should Mr.... more

Hannah’s financial advisor believes that she should spend no more than 26% of her gross monthly income for housing. She has determined that amount is $1,794 per

Hannah’s financial advisor believes that she should spend no more than 26% of her gross monthly income for housing. She has determined that amount is $1,794 per month. Based on this amount and her... more

Double check my work: Use the formula for future value, A = P(1 + rt), and elementary algebra to find the missing quantity.

Please double check my work and help me understand anything I did wrong if answer incorrect. This is what I got: 1800 Use the formula for future value, A = P(1 + rt), and elementary algebra to... more

How long will it take money to triple at and APR of 8.4% compounded annually

It will take _____ years to triple in amount at 8.4% APR

What expression can be used to represent the regular price of the set?

A set of 4 tires is 25% off the regular price when purchased as a set. The sale price for the set (all 4 tires together) is $249.95. What expression can be used to represent the regular price of... more

Which function represents g(x), a reflection of f(x) = (3)x across the y-axis?

 Which graph represents a reflection of f(x) = (10)x across the y-axis? i need help guys please help me !  

Adam bought a $1670 custom video game/sound system on a special no-interest plan.

He made a $100 down payment and agreed to pay the entire purchase off in 1 1/2 years. The minimum monthly payment is $10. If he makes the minimum monthly payment up until the last payment, what... more

Word Problem

Tedco produces a teddy bear that sells for $24. Each teddy bear costs the company $8 to manufacture and there is an initial start-up cost of $7200. If they want to make an annual pro t of $54 000,... more

The smiths took out a $130000, 30-year mortgage at an APR OF 6.5%. The monthly payment was $821.69. What will be their total interest charges after 30 years?

The smiths took out a $130000, 30-year mortgage at an APR OF 6.5%. The monthly payment was $821.69. What will be their total interest charges after 30 years?

The Smith's took out a $130,000, 30-year mortgage at an APR of 6.5%. The monthly payment was $821.69. What will be their total interest after 30 years?

I need help learning how to solve this step by step to get the answer.

Kris worked her 40 hours last week plus 8 overtime hours at the time and a half rate. Her gross pay was 572$ . What was her hourly pay?

I need help solving this for financial algebra. Please help!

Yoko is paid semimonthly. How many fewer paychecks does she receive in a year compared to someone who is paid weekly?

I need help setting up the equation to solve this. 

In 1980 the amount of earnings required to earn one social sercurity credit was $290. Back then, mike earned $55 per week. How many credits did he earn in 1980?

In 1980 the amount of earnings required to earn one social sercurity credit was $290. Back then, mike earned $55 per week. How many credits did he earn in 1980?

Writing a check for the new rent and extra security deposit

 all rent will increase by 3.2% and security depo which was 50% of one months rent must now equal 60% of the new rent. Eddie rented an apartment for 1,600. What amount must he write to cover the... more

Margaret earned $57,000 last yeaar when the social security tax was 6.2% of income up to $94,200. Her medicare tax was 1.45%.

Margaret earned $57,000 last yeaar when the social security tax was 6.2% of income up to $94,200. Her medicare tax was 1.45%. How much did she pay in social security and medicare taxes last year?

How much will you interest will you earn if you invest $5250 at 6.1% interest compounded monthly for 22 years

How much will you interest will you earn if you invest $5250 at 6.1% interest compounded monthly for 22 years
1

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.