Finite Math Examples

Evaluate (8500(0.11/12))/((1+0.11/12)^(12*3)-1)
Step 1
Combine and .
Step 2
Simplify the denominator.
Tap for more steps...
Step 2.1
Divide by .
Step 2.2
Add and .
Step 2.3
Multiply by .
Step 2.4
Raise to the power of .
Step 2.5
Subtract from .
Step 3
Reduce the expression by cancelling the common factors.
Tap for more steps...
Step 3.1
Multiply by .
Step 3.2
Cancel the common factor of and .
Tap for more steps...
Step 3.2.1
Rewrite as .
Step 3.2.2
Cancel the common factors.
Tap for more steps...
Step 3.2.2.1
Rewrite as .
Step 3.2.2.2
Cancel the common factor.
Step 3.2.2.3
Rewrite the expression.
Step 4
Multiply the numerator by the reciprocal of the denominator.
Step 5
Divide by .
Step 6
Multiply .
Tap for more steps...
Step 6.1
Combine and .
Step 6.2
Multiply by .
Step 7
Divide by .