After graduation in 3 years, Antwone would like to take a much needed vacation to

semiannual deposit= $458

Explanation:

Giving the following information:

He anticipates that the all inclusive vacation package will cost him $3,000. His bank will pay 7% per year compounded semiannually.

To calculate the semiannual deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= semiannual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {3,000*0.035) / [(1.035^6) - 1]

A= $458

B) Producers from low market prices

Explanation:

Price floors are usually used in order to ensure that the market price of a commodity does not fall below a level that would threaten the financial existence of producers of the commodity.