Finite Math Examples

$\frac{8000}{{(1 + \frac{0.04}{2})}^{20}}$

Step 1

Simplify the denominator.

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Step 1.1

Write $1$ as a fraction with a common denominator.

$\frac{8000}{{(\frac{2}{2} + \frac{0.04}{2})}^{20}}$

Step 1.2

Combine the numerators over the common denominator.

$\frac{8000}{{(\frac{2 + 0.04}{2})}^{20}}$

Step 1.3

Rewrite $\frac{2 + 0.04}{2}$ in a factored form.

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Step 1.3.1

Add $2$ and $0.04$ .

$\frac{8000}{{(\frac{2.04}{2})}^{20}}$

Step 1.3.2

Divide $2.04$ by $2$ .

$\frac{8000}{{1.02}^{20}}$

Step 1.4

Raise $1.02$ to the power of $20$ .

$\frac{8000}{1.48594739}$

Step 2

Divide $8000$ by $1.48594739$ .

$5383.77066486$