Help with word problem, Mathematics

Assignment Help:
You would like to have $4000 in four years for a special vacation following graduation by making deposits at the end of every 6 months in an annuity that pays 7% compounded semiannually.
A. How much should you deposit at the end of every six months?


B. How much of the $4000 comes from deposits and how much comes from interest?

Related Discussions:- Help with word problem

Explain id amortisation is proper impairment will not arise, If depreciatio...

If depreciation/amortisation is done properly, impairment adjustments will not arise.   Required: Do you agree with the above statement? Critically and fully explain your

Congruence, Write a proff given angle MJL congruent with angle KJL

Write a proff given angle MJL congruent with angle KJL

Basic set union operation, Q. Basic Set Union Operation? Ans. Supp...

Q. Basic Set Union Operation? Ans. Suppose instead that your school needs to know which students are taking either art or business or both. Then the students who are ta

SOLID MENSURATION, The base of an isosceles triangle and the altitude drawn...

The base of an isosceles triangle and the altitude drawn from one of the congruent sides are equal to 18cm and 15cm, respectively. Find the lengths of the sides of the triangle.

Algebra, solutions for the equation a-b=5

solutions for the equation a-b=5

Evaluate performance of mental arithmetic maths, E 1) Try the two activitie...

E 1) Try the two activities detailed above with a few children around you Evaluate whether they really helped to improve the children's performance of mental arithmetic. Anot

Fraction, One day it snowed 3 and 3/8 inches in Altoona and 3.45 inches in ...

One day it snowed 3 and 3/8 inches in Altoona and 3.45 inches in Bethlehem. Which city received less snow that day.

Setofoperations, write CxD being sure to use appropriate brackets and find ...

write CxD being sure to use appropriate brackets and find n(CxD)

Hypothesis testing, Hypothesis Testing Definition of Hypothesis Testing...

Hypothesis Testing Definition of Hypothesis Testing - A hypothesis is a claim or an opinion about an issue or item.  Hence it has to be tested statistically in order to esta

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd