Finite Math Examples

$\frac{100000}{{(1 + \frac{0.0925}{12})}^{384}}$

Step 1

Simplify the denominator.

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Step 1.1

Write $1$ as a fraction with a common denominator.

$\frac{100000}{{(\frac{12}{12} + \frac{0.0925}{12})}^{384}}$

Step 1.2

Combine the numerators over the common denominator.

$\frac{100000}{{(\frac{12 + 0.0925}{12})}^{384}}$

Step 1.3

Rewrite $\frac{12 + 0.0925}{12}$ in a factored form.

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Step 1.3.1

Add $12$ and $0.0925$ .

$\frac{100000}{{(\frac{12.0925}{12})}^{384}}$

Step 1.3.2

Divide $12.0925$ by $12$ .

$\frac{100000}{{1.007708\overline{3}}^{384}}$

Step 1.4

Raise $1.007708\overline{3}$ to the power of $384$ .

$\frac{100000}{19.08017725}$

Step 2

Divide $100000$ by $19.08017725$ .

$5241.04145752$