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

Trigonometry, 1-tan^2 A/1+tan^2 = cos A - sinA/cos A

1-tan^2 A/1+tan^2 = cos A - sinA/cos A

How does a child think-knowing your maths learner, HOW DOES A CHILD THINK? ...

HOW DOES A CHILD THINK? :  You must have interacted with children of various ages. From your experience, do you feel that children start learning, from a very early age, and conti

Marvin helping teachers plan trip what is the minimum no, Marvin is helping...

Marvin is helping his teachers plan a ?eld trip. There are 125 people going on the ?eld trip and each school bus holds 48 people. What is the minimum number of school buses they wi

Elli[ital paths of celestial bodies, Create a detailed diagram to describe ...

Create a detailed diagram to describe the equation of an ellipse in terms of it’s eccentricity and indicate how the foci and major and minor semi-axes are involved. Y

Potency of a drug , An experiment designed to test the potency of a drug on...

An experiment designed to test the potency of a drug on 20 rats. Last animal studies have shown that a 10 mg dose of the drug is lethal 5% of the time within the first 4 hours; of

Distance traveled, a) Determine the distance traveled among t = 0 and  t =∏...

a) Determine the distance traveled among t = 0 and  t =∏/2 by a particle P(x, y) whose position at time t is given by Also check your result geometrically.  (5) b) D

Lines, Standard form of the line Let's begin this section off along a q...

Standard form of the line Let's begin this section off along a quick mathematical definition of a line. Any equation that can be written in the following form,

Modeling , A plastic manufacturer has 1200 boxes of transparent wrap in sto...

A plastic manufacturer has 1200 boxes of transparent wrap in stock at one factory and 1000 boxes at his second factory.The manufacturer has order for this product from 3 different

The definition of the derivative, The Definition of the Derivative : In t...

The Definition of the Derivative : In the previous section we saw that the calculation of the slope of a tangent line, the instantaneous rate of change of a function, and the ins

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