Finite Math Examples

$\frac{90000}{{(1 + \frac{0.03}{2})}^{2 \cdot 11}}$

Step 1

Simplify the denominator.

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Step 1.1

Divide $0.03$ by $2$ .

$\frac{90000}{{(1 + 0.015)}^{2 \cdot 11}}$

Step 1.2

Add $1$ and $0.015$ .

$\frac{90000}{{1.015}^{2 \cdot 11}}$

Step 1.3

Multiply $2$ by $11$ .

$\frac{90000}{{1.015}^{22}}$

Step 1.4

Raise $1.015$ to the power of $22$ .

$\frac{90000}{1.38756369}$

Step 2

Divide $90000$ by $1.38756369$ .

$64861.88710246$