Finite Math Examples

$\frac{19000 ({(1 + 0.07)}^{15 + 1} - 1)}{0.07} - 19000$

Step 1

Simplify by adding numbers.

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Step 1.1

Add $1$ and $0.07$ .

$\frac{19000 ({1.07}^{15 + 1} - 1)}{0.07} - 19000$

Step 1.2

Add $15$ and $1$ .

$\frac{19000 ({1.07}^{16} - 1)}{0.07} - 19000$

Step 2

Simplify each term.

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Step 2.1

Simplify the numerator.

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Step 2.1.1

Raise $1.07$ to the power of $16$ .

$\frac{19000 (2.95216374 - 1)}{0.07} - 19000$

Step 2.1.2

Subtract $1$ from $2.95216374$ .

$\frac{19000 \cdot 1.95216374}{0.07} - 19000$

Step 2.2

Multiply $19000$ by $1.95216374$ .

$\frac{37091.11122274}{0.07} - 19000$

Step 2.3

Divide $37091.11122274$ by $0.07$ .

$529873.01746775 - 19000$

Step 3

Subtract $19000$ from $529873.01746775$ .

$510873.01746775$