Login

Create Account
+14156709189
info@expertsmind.com
Submit Homework/Assignment
Get quote & make Payment
Get Solution
Help with word problem, Mathematics
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?
Posted Date: 11/3/2012 1:30:10 AM  Location : United States
Ask an Expert
Related Discussions:
Help with word problem, Assignment Help, Ask Question on Help with word problem, Get Answer, Expert's Help, Help with word problem Discussions
Write discussion on Help with word problem
Your posts are moderated
Write your message here..
Related Questions
Probability, A man enter a lucky draw that requires him to pick five differ...
A man enter a lucky draw that requires him to pick five different integers from 1 through 30 inclusive .he chooses his five number in such a way that the sum of their log base 10 i
2(sin 6+cos6)  3(sin4+cos4)+1 = 0, 2(sin 6 ?+cos 6 ?)  3(sin 4 ?+cos 4 ?...
2(sin 6 ?+cos 6 ?)  3(sin 4 ?+cos 4 ?)+1 = 0 Ans: (Sin 2 ?)3 + (Cos 2 ?)33 (Sin 4 ?+(Cos 4 ?)+1=0 Consider (Sin 2 ?)3 +(Cos 2 ?)3 ⇒(Sin 2 ?+Cos 2 ?)33 Sin 2 ?Co
Adding Fractions, 1/2+1/2
1/2+1/2
Good investment, Realtors estimate that 23% of homes purchased in 2004 were...
Realtors estimate that 23% of homes purchased in 2004 were considered investment properties. If a sample of 800 homes sold in 2004 is obtained what is the probability that at most
Dora, dora and her family are driving to visit relatives for the holidays t...
dora and her family are driving to visit relatives for the holidays they travel 174 miles in 3 hours if they travel at a constant speed how many miles do they travel in one hourest
Evaluate the integral, Example: If c ≠ 0 , evaluate the subsequent integr...
Example: If c ≠ 0 , evaluate the subsequent integral. Solution Remember that you require converting improper integrals to limits as given, Here, do the integ
Differential equations, Find the normalized differential equation which has...
Find the normalized differential equation which has {x, xex} as its fundamental set
Shoppers'' stop, How should shoppers''stop develop its demand forecasts?
How should shoppers''stop develop its demand forecasts?
Example of pythagorean theorem, Any 15 foot ladder is resting against the w...
Any 15 foot ladder is resting against the wall. The bottom is at first 10 feet away from the wall & is being pushed in the direction of the wall at a rate of 1 ft/sec. How rapid is
Calculate the quarterly premium of a pension policy, You plan to retire whe...
You plan to retire when you are 65th years old. You are now 25 years old. You plan to buy a pension annuity that will pay you $100,000 per year starting one year after you turn 6
Assignment Help
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
ExpertsMind Services
Online Tutoring
Projects Assistance
Exam Preparation
Coursework Help
Programming Courses
Engineering Courses
Why Us ?
~Experienced Tutors
~24x7 hrs Support
~Plagiarism Free
~Quality of Work
~Time on Delivery
~Privacy of Work