Basic Math Examples

$P = \frac{500000^{\frac{0.06}{12}}}{(1 + \frac{0.06}{12}) \cdot 12 \cdot 5 - 1}$

Step 1

Simplify the numerator.

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Step 1.1

Divide $0.06$ by $12$ .

$P = \frac{500000^{0.005}}{(1 + \frac{0.06}{12}) \cdot 12 \cdot 5 - 1}$

Step 1.2

Raise $500000$ to the power of $0.005$ .

$P = \frac{1.06781213}{(1 + \frac{0.06}{12}) \cdot 12 \cdot 5 - 1}$

Step 2

Simplify the denominator.

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Step 2.1

Divide $0.06$ by $12$ .

$P = \frac{1.06781213}{(1 + 0.005) \cdot 12 \cdot 5 - 1}$

Step 2.2

Add $1$ and $0.005$ .

$P = \frac{1.06781213}{1.005 \cdot 12 \cdot 5 - 1}$

Step 2.3

Multiply $1.005 \cdot 12 \cdot 5$ .

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Step 2.3.1

Multiply $1.005$ by $12$ .

$P = \frac{1.06781213}{12.06 \cdot 5 - 1}$

Step 2.3.2

Multiply $12.06$ by $5$ .

$P = \frac{1.06781213}{60.3 - 1}$

Step 2.4

Subtract $1$ from $60.3$ .

$P = \frac{1.06781213}{59.3}$

Step 3

Divide $1.06781213$ by $59.3$ .

$P = 0.01800694$