Basic Math Examples

$P = \frac{40000}{{(1 + \frac{0.06}{365})}^{365 \cdot 7}}$

Step 1

Simplify the denominator.

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Step 1.1

Divide $0.06$ by $365$ .

$P = \frac{40000}{{(1 + 0.00016438)}^{365 \cdot 7}}$

Step 1.2

Add $1$ and $0.00016438$ .

$P = \frac{40000}{{1.00016438}^{365 \cdot 7}}$

Step 1.3

Multiply $365$ by $7$ .

$P = \frac{40000}{{1.00016438}^{2555}}$

Step 1.4

Raise $1.00016438$ to the power of $2555$ .

$P = \frac{40000}{1.52190902}$

Step 2

Divide $40000$ by $1.52190902$ .

$P = 26282.77997349$