Finite Math Examples

$2000 {(1 + \frac{0.055}{12})}^{12 \cdot 30}$

Step 1

Divide $0.055$ by $12$ .

$2000 {(1 + 0.00458\overline{3})}^{12 \cdot 30}$

Step 2

Add $1$ and $0.00458\overline{3}$ .

$2000 \cdot {1.00458\overline{3}}^{12 \cdot 30}$

Step 3

Multiply $12$ by $30$ .

$2000 \cdot {1.00458\overline{3}}^{360}$

Step 4

Raise $1.00458\overline{3}$ to the power of $360$ .

$2000 \cdot 5.18738784$

Step 5

Multiply $2000$ by $5.18738784$ .

$10374.77568134$