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

Percent problems.., I have a graph, i need to determine the many hours per ...

I have a graph, i need to determine the many hours per day becky spends on math activity if she does it 25% of her day.

Maths For Fun, Ask Suppose I offer you a loan to start a safety matchstick ...

Ask Suppose I offer you a loan to start a safety matchstick production unit on the following terms: I shall first advance you Rs.50,000/- to set up your unit, and wait for 3 month

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.

How are Indian customers visiting Shoppers’ Stop any differe, How are India...

How are Indian customers visiting Shoppers’ Stop any different from customers of developed western countries?

Example of regression equation, Example of Regression Equation An inve...

Example of Regression Equation An investment company advertised the sale of pieces of land at different prices. The given table shows the pieces of land their costs and acreag

The coordinate axes, Trace the curve y 2 = (x + 2) 2 (x - 6). Clearly sta...

Trace the curve y 2 = (x + 2) 2 (x - 6). Clearly state all the properties you have used for tracing it(e.g., symmetry about the axes, symmetry about the origin, points of interse

Factor , #Mai iss 3 years younger than twice the age of her brother . If b ...

#Mai iss 3 years younger than twice the age of her brother . If b represents the age of Mai''s brother .which expression below represents Mai''s age 2-3b 3-2b 2b-3 3b-2 2-3b 3-2b q

Decision theory, DECISION THEORY People constantly make decision...

DECISION THEORY People constantly make decisions in their private lives as well as in their work. Some decisions are qualitative in terms of their implications and signi

How many students are study physics alone, A class has 175 learners. The gi...

A class has 175 learners. The given table describes the number of learners studying one or more of the subsequent subjects in this case                 Subjects

Explain equivalent fractions, Explain Equivalent Fractions ? Two fracti...

Explain Equivalent Fractions ? Two fractions can look different and still be equal. Different fractions that represent the same amount are called equivalent fractions. Ar

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