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

Prerequisite, Is prerequisite multipcation or addition

Is prerequisite multipcation or addition

Complex number, a ,b,c are complex numbers such that a/1-b=b/1-c=c-1-a=k.fi...

a ,b,c are complex numbers such that a/1-b=b/1-c=c-1-a=k.find the value of k

Bricklayer estimates 6.5 how many bricks will he required, A bricklayer est...

A bricklayer estimates that he requires 6.5 bricks per square foot. He needs to lay a patio that will be 110 square feet. How many bricks will he required? Multiply 6.5 by 110;

Find intervals while function is increasing or decreasing, Find out all int...

Find out all intervals where the given function is increasing or decreasing. f ( x ) = - x 5 + 5/2 x 4 + 40/3 x 3 + 5 Solution To find out if the function is increasi

Matrices, what are eigen values

what are eigen values

How many people should she expect not to show, Laura is planning her weddin...

Laura is planning her wedding. She expects 230 people to attend the wedding, but she has been told that around 5% typically don't show. About how many people should she expect not

Help, question..A Circular rug is 6 yards in diameter. Binding for the edge...

question..A Circular rug is 6 yards in diameter. Binding for the edge of the rug cost $2.00 per yard . what eill it cost to bind the rug

Introduction to addition and subtraction, INTRODUCTION :  When a child of ...

INTRODUCTION :  When a child of seven isn't able to solve the sum 23+9, what could the reasons be? When she is asked to subtract 9 from 16, why does she write 9 - 16 = 13 ?

Matrix inverse, Here we need to see the inverse of a matrix. Provided a squ...

Here we need to see the inverse of a matrix. Provided a square matrix, A, of size n x n if we can get the other matrix of similar size, B that, AB = BA = I n after that we call

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