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

Pigeonhole principle, By pigeonhole principle, show that if any five number...

By pigeonhole principle, show that if any five numbers from 1 to 8 are chosen, then two of them will add upto 9.    Answer: Let make four groups of two numbers from 1 to 8 like

Pemdas, what is the answer using pemdas (32 divided into 4)+3

what is the answer using pemdas (32 divided into 4)+3

Geometry, prove angle MJL is congruent to angle KNL

prove angle MJL is congruent to angle KNL

What kinds classroom activities help children to learn maths, What kinds of...

What kinds of classroom activities can you think of for helping children to make groups of 5 and 10? Once they have enough practice with such activities, children can be helped

Marketing., what is product life cycle

what is product life cycle

He would such as to leave 20% tip how much should he leave, Mr. Pelicas too...

Mr. Pelicas took his family out to dinner. The bill was $65.00. He would such as to leave a 20% tip. How much should he leave? Find 20% by multiplying $65 through the decimal e

In how many years is the population expected to be 42, The population of a ...

The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke 0.1t where k is a constant and t is the time in years.

Relations, test is tomorrow, don''t know anything lol, please help

test is tomorrow, don''t know anything lol, please help

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