Finite Math Examples

$17000 (\frac{\frac{0.054}{4}}{{(1 + \frac{0.054}{4})}^{24} - 1})$

Step 1

Divide $0.054$ by $4$ .

$17000 \frac{0.0135}{{(1 + \frac{0.054}{4})}^{24} - 1}$

Step 2

Simplify the denominator.

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Step 2.1

Divide $0.054$ by $4$ .

$17000 \frac{0.0135}{{(1 + 0.0135)}^{24} - 1}$

Step 2.2

Add $1$ and $0.0135$ .

$17000 \frac{0.0135}{{1.0135}^{24} - 1}$

Step 2.3

Raise $1.0135$ to the power of $24$ .

$17000 \frac{0.0135}{1.37965364 - 1}$

Step 2.4

Subtract $1$ from $1.37965364$ .

$17000 (\frac{0.0135}{0.37965364})$

Step 3

Simplify the expression.

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Step 3.1

Divide $0.0135$ by $0.37965364$ .

$17000 \cdot 0.03555872$

Step 3.2

Multiply $17000$ by $0.03555872$ .

$604.49834468$