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

Word or term for, An irregular perimeter to the circumference of a circle s...

An irregular perimeter to the circumference of a circle such as a protrusion

Hyperbolic paraboloid- three dimensional space, Hyperbolic Paraboloid- Thre...

Hyperbolic Paraboloid- Three Dimensional Space The equation which is given here is the equation of a hyperbolic paraboloid. x 2 / a 2 - y 2 / b 2 = z/c Here is a dia

Matrices, det(adj A)for 1*1 matrix

det(adj A)for 1*1 matrix

What is the area covered through the motion of the fan, The arm of a ceilin...

The arm of a ceiling fan measures a length of 25 in. What is the area covered through the motion of the fan blades while turned on? (π = 3.14) The ceiling fan follows a circula

Find the least and greatest number of coins, Marc goes to the store with ex...

Marc goes to the store with exactly $1 in change. He has at least one of each coin less than a half-dollar coin, but he does not have a half-dollar coin. a. What is the least nu

What is minimum spanning tree, What is minimum spanning tree?  Determine a ...

What is minimum spanning tree?  Determine a railway network of minimal cost for the cities in the following graph using Kruskal's algorithm. Ans: Minimum spanning tree in a con

Rational Number Application, in the horizontal bar event the u.s.a scored 2...

in the horizontal bar event the u.s.a scored 28.636,gremany scroed 28.7,romnia scored 27.962,and chain scored 28.537 points.which list shows these scored in descending order

Eigenvalues and eigenvectors, If you find nothing out of this rapid review ...

If you find nothing out of this rapid review of linear algebra you should get this section.  Without this section you will not be capable to do any of the differential equations wo

Determine the height of the washington monument, Determine the height of th...

Determine the height of the Washington Monument to the nearest tenth of a meter. a. 157.8 m b. 169.3 m c. 170.1 m d. 192.2 m c. The height of the monument is the add

Find out solutions to second order differential equations, Find out some so...

Find out some solutions to y′′ - 9 y = 0 Solution  We can find some solutions here simply through inspection. We require functions whose second derivative is 9 times the

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