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

Percentage, of all those survey 390 were under 18 years of age if 20%were 1...

of all those survey 390 were under 18 years of age if 20%were 18, how many responded to the survey

Mass marketing, is mass marketing completely dead?

is mass marketing completely dead?

integration: if f(x)+f(x+1/2) =1 find limit 0 to 2, f(x)+f(x+1/2) =1 f(x...

f(x)+f(x+1/2) =1 f(x)=1-f(x+1/2) 0∫2f(x)dx=0∫21-f(x+1/2)dx 0∫2f(x)dx=2-0∫2f(x+1/2)dx take (x+1/2)=v dx=dv 0∫2f(v)dv=2-0∫2f(v)dv 2(0∫2f(v)dv)=2 0∫2f(v)dv=1 0∫2f(x)dx=1

Polynomials, sum of zero of polynomial x2-2x+1is equal to sum of zero of po...

sum of zero of polynomial x2-2x+1is equal to sum of zero of polynomial x3-2x+x then find the product of all the three zero of the second polynomial

Determinarte, what is the differeance in between determinate and matrix .

what is the differeance in between determinate and matrix .

Applications of percentage, rajan bought an armchair for rs.2200 and sold i...

rajan bought an armchair for rs.2200 and sold it for rs.2420.find his profit per cent.

Porportions, how do you solve for porportions?

how do you solve for porportions?

Mr, Probability of A is 85% Probability of B is 45% Probability A and B 56%...

Probability of A is 85% Probability of B is 45% Probability A and B 56% What is the probability of not either A or B?

Define regression, Define regression. The main reason of curve fitting ...

Define regression. The main reason of curve fitting is to estimate one of the variables (the dependent variable) from the other (the independent variable). The procedure of est

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