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

Quadratic equation, If roots of (x-p)(x-q) = c are a and b what will be th...

If roots of (x-p)(x-q) = c are a and b what will be the roots of (x-a)(x-b) = -c    please explain? Ans) (x-p)(x-q)=c x2-(p+q)x-c=0 hence,   a+b=p+q  and      a.b=pq-c

Pat, what is a fraction?

what is a fraction?

How many pages must he read before he takes a break, Joey has 30 pages to r...

Joey has 30 pages to read for history class tonight. He decided in which he would take a break while he finished reading 70% of the pages assigned. How many pages must he read befo

Find integer if consecutive even integers is the number 126, The sum of two...

The sum of two consecutive even integers is the number 126. What are the integers? Two consecutive even integers are numbers in sequence, such as 4 and 6 or -30 and -32, that a

Prisms, i have to find surface,lateral,and volume

i have to find surface,lateral,and volume

What is angles, What is Angles? An angle is made up of two rays with a ...

What is Angles? An angle is made up of two rays with a common endpoint, which is called the vertex. The sides of the angle are rays. An angle is denoted by "θ". When two li

Example of problems related to applying operations, I had just come back fr...

I had just come back from a very interesting talk arranged by a Mathematics Centre, it was aimed at parents of primary school-going children. They had talked about, and demonstrate

Find out ratio, the sides of a right angle triangle are a,a+d,a+2d with a a...

the sides of a right angle triangle are a,a+d,a+2d with a and d both positive.the ratio of a to d  a)1:2 b)1:3 c)3:1 d)5:2 answer is (c) i.e. 3:1 Solution: Applying

Bayes’ theorem, Bayes’ Theorem In its general form, Bayes' theorem deal...

Bayes’ Theorem In its general form, Bayes' theorem deals with specific events, such as A 1 , A 2 ,...., A k , that have prior probabilities. These events are mutually exclusive

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