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

My daugther needs help, my daughter is having trouble with math she cant un...

my daughter is having trouble with math she cant understand why please help us

Find the perimeter and the area of the shaded portion, The given figure con...

The given figure consists of four small semicircles and two big semicircles.  If the smaller semicircles are equal in radii and the bigger semicircles are also equal in radii, find

The shape of a graph, The Shape of a Graph, Part II : In previous we saw h...

The Shape of a Graph, Part II : In previous we saw how we could use the first derivative of a function to obtain some information regarding the graph of a function.  In this secti

Factors in denominator and partial fraction decomposition, Factors in Denom...

Factors in Denominator and Partial Fraction Decomposition Factor in denominator Term in partial  fraction decomposition   ax + b

What is the area covered through the motion of the fan, The arm of a ceilin...

The arm of a ceiling fan measures a length of 25 in. What is the area covered through the motion of the fan blades while turned on? (π = 3.14) The ceiling fan follows a circula

Área de un rectangulo, calcula el área de la región sombreada de un rectáng...

calcula el área de la región sombreada de un rectángulo cuya base es 12.6 cm y su altura es 8.4

Definition of differential equation, The first definition which we must cov...

The first definition which we must cover is that of differential equation. A differential equation is any equation that comprises derivatives, either partial derivatives or ordinar

What is the value of x in probability , A bag contains 8 red balls and x bl...

A bag contains 8 red balls and x blue balls, the odd against drawing a blue ball are 2: 5. What is the value of x?                                                               (An

Multiplication of complex numbers, Multiplication of complex numbers: ...

Multiplication of complex numbers: Example 1: Combine the subsequent complex numbers: (4 + 3i) + (8 - 2i) - (7 + 3i) =  Solution: (4 + 3i) + (8 - 2i) - (7 + 3i

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