Scott Mason purchased a 4 unit apartment building as an investment before he retired. From the rent he collects each month, Scott pays out $800 for expenses. How much rent must he charge (in dollars) for each of the 4 apartments if he wants to make $600 profit each month? The amount of rent is the same for each of the apartments.

Q: Karim wants to invest $100000 in two investments at 8% and 10%. How much should he invest in each if…

A: The formula is I = Prt, Where I = interest earned, P = principal, r = rate of interest, t = time.

Q: Nico is saving money for his college education. He invests some money at 7%, and $1700 less than…

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Q: Nancy sells handcrafted bracelets at a flea market for $8. If her monthly fixed costs are $845 and…

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Q: Bobby has two jobs. He makes $10 an hour as a tutor and 6$ an hour as a waiter. Bobbys mother will…

A: Let x be the number of hours bobby worked as a tutor and y be the number of hours worked as a…

Q: melissa runs landscaping business. she has equipment and fuel expenses of 313$ per month . if she…

A: Given ,  Melissa landscaping business has equipment and fuel expenses is = $313 She charges for each…

Q: Danny and Mary want to go to a concert next weekend.  The tickets will cost a total of $70.  After…

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Q: Yesenia invests $24,000 into two funds – one paying a 3% annual interest rate and the other paying a…

A: Given, Principle(P)= $24000 r1= 3% r2= 7% r1=t2= 1year Total interest= $1000

Q: Susan placed $5,400 into three investments: Account A paid 10% simple interest, Account B paid 12%…

A: Susan placed  into three investments.Account A paid  simple interest, Account B paid  simple…

Q: Bessy has 6 times as much money as Bob, but when each earns $6, Bessy will have 3 times as much…

A: There are two person Bessy and Bob. Consider the amount of money initially that Bob has x (in…

Q: Alyssa has $60.000 jo invest and is looking to earn exactly $4,200 from bond investment pays 8% and…

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Q: Sally has $55,000 to invest. She invests some money at 9% interest and the rest at 10%. If her total…

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Q: During the first week of summer vacation, John earned $500 and Abbey earned $350 at their summer…

A: the given problem is based on the fractions we will solve the problem by following the given…

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.