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

Complex Numbers, How do you compute the phase/angle of a complex number? i....

How do you compute the phase/angle of a complex number? i.e 1+2i

Example of graphical technique of linear equations, Explain the Graphical T...

Explain the Graphical Technique of Linear Equations by using this figure.

Find the polynomial g(x), On dividing the polynomial 4x 4 - 5x 3 - 39x 2 ...

On dividing the polynomial 4x 4 - 5x 3 - 39x 2 - 46x - 2 by the polynomial g(x) the quotient is x 2 - 3x - 5 and the remainder is -5x + 8.Find the polynomial g(x). (Ans:4 x 2 +

What is the value of tan in terms of sin, What is the value of tan? in term...

What is the value of tan? in terms of sin?. Ans:    Tan ? = S i n ?/ C os ? Tan ? = S i n ? / √1 - S i n   2?

Area between curves, Area between Curves In this section we will be fi...

Area between Curves In this section we will be finding the area between two curves. There are in fact two cases that we are going to be looking at. In the first case we des

Problem solving sentence, a cheeseburger cost $6.39 more than a burger of $...

a cheeseburger cost $6.39 more than a burger of $2.29, what is the difference?

Linda bought 35 yards of fencing how much did she spend, Linda bought 35 ya...

Linda bought 35 yards of fencing at $4.88 a yard. How much did she spend? To multiply decimals, multiply generally, count the number of decimal places in the problem, then us

Integration, Integration We have, so far, seen that differential ...

Integration We have, so far, seen that differential calculus measures the rate of change of functions. Differentiation is the process of finding the derivative

Decision tree analysis, DECISION TREE ANALYSIS The Finance Manager of ‘...

DECISION TREE ANALYSIS The Finance Manager of ‘Softy’ baby soap manufacturing company being successful in the first two years of the company’s operations is considering to set

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