Finite Math Examples

Solve for f fva=(c((1+0.108/12)^240-1))/(0.108/12)
Step 1
Simplify.
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Step 1.1
Divide by .
Step 1.2
Divide by .
Step 1.3
Add and .
Step 2
Divide each term in by and simplify.
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Step 2.1
Divide each term in by .
Step 2.2
Simplify the left side.
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Step 2.2.1
Cancel the common factor of .
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Step 2.2.1.1
Cancel the common factor.
Step 2.2.1.2
Rewrite the expression.
Step 2.2.2
Cancel the common factor of .
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Step 2.2.2.1
Cancel the common factor.
Step 2.2.2.2
Divide by .
Step 2.3
Simplify the right side.
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Step 2.3.1
Multiply the numerator by the reciprocal of the denominator.
Step 2.3.2
Combine fractions.
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Step 2.3.2.1
Combine.
Step 2.3.2.2
Multiply by .
Step 2.3.3
Simplify the numerator.
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Step 2.3.3.1
Raise to the power of .
Step 2.3.3.2
Subtract from .
Step 2.3.4
Simplify with factoring out.
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Step 2.3.4.1
Move to the left of .
Step 2.3.4.2
Factor out of .
Step 2.3.4.3
Factor out of .
Step 2.3.5
Separate fractions.
Step 2.3.6
Divide by .
Step 2.3.7
Combine and .