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

Emi, calculation of emi %

calculation of emi %

Equation, how do you slove 4u-5=2u-13

how do you slove 4u-5=2u-13

Solid mensuration, given dimensions: 130cm, 180cm, and 190cm is to be divid...

given dimensions: 130cm, 180cm, and 190cm is to be divided by a line bisecting the longest side shown from its opposite vertex. what''s the area adjacent to 180cm? ;

Math, what is division

what is division

Trigonometry, trigonometric ratios of sum and difference of two angles

trigonometric ratios of sum and difference of two angles

Determine the measure of the smallest angle, The calculation of two complem...

The calculation of two complementary angles are in the ratio of 7:8. Determine the measure of the smallest angle. a. 84° b. 42° c. 48° d. 96° b. Two angles are compl

Math, what is 24566x12567=

what is 24566x12567=

Systems of equations, Since we are going to be working almost exclusively a...

Since we are going to be working almost exclusively along with systems of equations wherein the number of unknowns equals the number of equations we will confine our review to thes

The shape of a graph, The Shape of a Graph, Part I : In the earlier secti...

The Shape of a Graph, Part I : In the earlier section we saw how to employ the derivative to finds out the absolute minimum & maximum values of a function.  Though, there is many

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