Basic Math Examples

$A = 25000 {(1 + \frac{0.055}{12})}^{48}$

Step 1

Divide $0.055$ by $12$ .

$A = 25000 {(1 + 0.00458\overline{3})}^{48}$

Step 2

Add $1$ and $0.00458\overline{3}$ .

$A = 25000 \cdot {1.00458\overline{3}}^{48}$

Step 3

Raise $1.00458\overline{3}$ to the power of $48$ .

$A = 25000 \cdot 1.24545057$

Step 4

Multiply $25000$ by $1.24545057$ .

$A = 31136.26426577$