Basic Math Examples

$R = (\frac{{(1 + 0.02)}^{13} - 1}{0.02}) - 1$

Step 1

Remove parentheses.

$R = \frac{{(1 + 0.02)}^{13} - 1}{0.02} - 1$

Step 2

Simplify $\frac{{(1 + 0.02)}^{13} - 1}{0.02} - 1$ .

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Step 2.1

Add $1$ and $0.02$ .

$R = \frac{{1.02}^{13} - 1}{0.02} - 1$

Step 2.2

Simplify each term.

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Step 2.2.1

Simplify the numerator.

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Step 2.2.1.1

Raise $1.02$ to the power of $13$ .

$R = \frac{1.29360663 - 1}{0.02} - 1$

Step 2.2.1.2

Subtract $1$ from $1.29360663$ .

$R = \frac{0.29360663}{0.02} - 1$

Step 2.2.2

Divide $0.29360663$ by $0.02$ .

$R = 14.68033152 - 1$

Step 2.3

Subtract $1$ from $14.68033152$ .

$R = 13.68033152$