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

Math homework help, I need help witth my homework can you help please

I need help witth my homework can you help please

Polynomial : f(x).f(1/x), A polynomial satisfies the following relation f(x...

A polynomial satisfies the following relation f(x).f(1/x)= f(x)+f(1/x). f(2) = 33. fIND f(3) Ans) The required polynomial is x^5 +1. This polynomial satisfies the condition state

Linear programming Special purpose of algorithm, the conclusion about stepp...

the conclusion about stepping stone method in real life situation?

find the ratio of their 11th terms, The  ratio of the sum of first n term...

The  ratio of the sum of first n terms of two AP's  is 7n+1:4n+27.  Find the ratio of their 11th  terms . Ans:    Let a 1 , a 2 ... and d 1 , d 2 be the I terms are Cd's of t

Operations Research inventory , A firm buys a product using the price sched...

A firm buys a product using the price schedule given in the table: The company estimate holding costs at 10% of the purchase price per year and ordering costs at $40 per order .

Geometry, In the diagram points V,W,X,Y and Z are collinear, VZ=52, XZ= 20 ...

In the diagram points V,W,X,Y and Z are collinear, VZ=52, XZ= 20 AND WX=XY=YZ. Find the indicated length of WX, VW, WY, VX, WZ, and VY

Fact of the wronskian method, Given two functions f(x) and g(x) which are d...

Given two functions f(x) and g(x) which are differentiable on some interval I  (1) If W (f,g) (x 0 ) ≠ 0 for some x 0 in I, so f(x) and g(x) are linearly independent on the int

Cardioids and limacons - polar coordinates, Cardioids and Limacons Thes...

Cardioids and Limacons These can be split up into the following three cases. 1. Cardioids: r = a + a cos θ and r = a + a sin θ. These encompass a graph that is vaguel

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