Finite Math Examples

$115000 \cdot \frac{0.0035}{{(1 + 0.0035)}^{120} - 1}$

Step 1

Simplify the denominator.

Tap for more steps...

Step 1.1

Add $1$ and $0.0035$ .

$115000 \cdot \frac{0.0035}{{1.0035}^{120} - 1}$

Step 1.2

Raise $1.0035$ to the power of $120$ .

$115000 \cdot \frac{0.0035}{1.52084592 - 1}$

Step 1.3

Subtract $1$ from $1.52084592$ .

$115000 \cdot \frac{0.0035}{0.52084592}$

Step 2

Simplify the expression.

Tap for more steps...

Step 2.1

Divide $0.0035$ by $0.52084592$ .

$115000 \cdot 0.00671983$

Step 2.2

Multiply $115000$ by $0.00671983$ .

$772.78131531$