Basic Math Examples

$P = \frac{120000}{{(1 + \frac{0.06}{2})}^{2 (13)}}$

Step 1

Simplify the denominator.

Tap for more steps...

Step 1.1

Divide $0.06$ by $2$ .

$P = \frac{120000}{{(1 + 0.03)}^{2 (13)}}$

Step 1.2

Add $1$ and $0.03$ .

$P = \frac{120000}{{1.03}^{2 (13)}}$

Step 1.3

Multiply $2$ by $13$ .

$P = \frac{120000}{{1.03}^{26}}$

Step 1.4

Raise $1.03$ to the power of $26$ .

$P = \frac{120000}{2.15659126}$

Step 2

Divide $120000$ by $2.15659126$ .

$P = 55643.36729262$