Finite Math Examples

$\frac{100000 (0.04)}{1 - {(1.04)}^{- 8}}$

Step 1

Multiply $100000$ by $0.04$ .

$\frac{4000}{1 - {1.04}^{- 8}}$

Step 2

Simplify the denominator.

Tap for more steps...

Step 2.1

Rewrite the expression using the negative exponent rule $b^{- n} = \frac{1}{b^{n}}$ .

$\frac{4000}{1 - \frac{1}{{1.04}^{8}}}$

Step 2.2

Raise $1.04$ to the power of $8$ .

$\frac{4000}{1 - \frac{1}{1.36856905}}$

Step 2.3

Divide $1$ by $1.36856905$ .

$\frac{4000}{1 - 1 \cdot 0.7306902}$

Step 2.4

Multiply $- 1$ by $0.7306902$ .

$\frac{4000}{1 - 0.7306902}$

Step 2.5

Subtract $0.7306902$ from $1$ .

$\frac{4000}{0.26930979}$

Step 3

Divide $4000$ by $0.26930979$ .

$14852.78320467$