Basic Math Examples

Evaluate 1000(1+0.05/12)^12
1000(1+0.0512)12
Step 1
Divide 0.05 by 12.
1000(1+0.00416)12
Step 2
Add 1 and 0.00416.
10001.0041612
Step 3
Raise 1.00416 to the power of 12.
10001.05116189
Step 4
Multiply 1000 by 1.05116189.
1051.16189788
 [x2  12  π  xdx ]