Basic Math Examples

$A = 5000 {(1 + \frac{8.5 %}{365})}^{365 \cdot 36}$

Step 1

Simplify each term.

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Step 1.1

Convert $8.5 %$ to a decimal.

$A = 5000 {(1 + \frac{0.085}{365})}^{365 \cdot 36}$

Step 1.2

Divide $0.085$ by $365$ .

$A = 5000 {(1 + 0.00023287)}^{365 \cdot 36}$

Step 2

Simplify the expression.

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Step 2.1

Add $1$ and $0.00023287$ .

$A = 5000 \cdot {1.00023287}^{365 \cdot 36}$

Step 2.2

Multiply $365$ by $36$ .

$A = 5000 \cdot {1.00023287}^{13140}$

Step 2.3

Raise $1.00023287$ to the power of $13140$ .

$A = 5000 \cdot 21.31996065$

Step 2.4

Multiply $5000$ by $21.31996065$ .

$A = 106599.80328498$