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Basic Math Examples
p(1+0.03)8=18000(1-(1+0.03)60.03)p(1+0.03)8=18000(1−(1+0.03)60.03)
Step 1
Step 1.1
Add 1 and 0.03.
p⋅1.038=18000(1-(1+0.03)60.03)
Step 1.2
Add 1 and 0.03.
p⋅1.038=180001-1.0360.03
Step 1.3
Raise 1.03 to the power of 6.
p⋅1.038=180001-1⋅1.194052290.03
Step 1.4
Multiply -1 by 1.19405229.
p⋅1.038=180001-1.194052290.03
Step 1.5
Subtract 1.19405229 from 1.
p⋅1.038=18000(-0.194052290.03)
Step 1.6
Cancel the common factor of 0.03.
Step 1.6.1
Factor 0.03 out of 18000.
p⋅1.038=0.03(600000)-0.194052290.03
Step 1.6.2
Cancel the common factor.
p⋅1.038=0.03⋅600000-0.194052290.03
Step 1.6.3
Rewrite the expression.
p⋅1.038=600000⋅-0.19405229
p⋅1.038=600000⋅-0.19405229
Step 1.7
Multiply 600000 by -0.19405229.
p⋅1.038=-116431.3779174
p⋅1.038=-116431.3779174
Step 2
Step 2.1
Divide each term in p⋅1.038=-116431.3779174 by 1.038.
p⋅1.0381.038=-116431.37791741.038
Step 2.2
Simplify the left side.
Step 2.2.1
Cancel the common factor of 1.038.
Step 2.2.1.1
Cancel the common factor.
p⋅1.0381.038=-116431.37791741.038
Step 2.2.1.2
Divide p by 1.
p=-116431.37791741.038
p=-116431.37791741.038
p=-116431.37791741.038
Step 2.3
Simplify the right side.
Step 2.3.1
Raise 1.03 to the power of 8.
p=-116431.37791741.26677008
Step 2.3.2
Divide -116431.3779174 by 1.26677008.
p=-91912.00489189
p=-91912.00489189
p=-91912.00489189