Finite Math Examples

$\frac{170000 (\frac{0.04}{1})}{{(1 + \frac{0.04}{1})}^{1 \cdot 19} - 1}$

Step 1

Multiply.

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Step 1.1

Divide $0.04$ by $1$ .

$\frac{170000 \cdot 0.04}{{(1 + \frac{0.04}{1})}^{1 \cdot 19} - 1}$

Step 1.2

Divide $0.04$ by $1$ .

$\frac{170000 \cdot 0.04}{{(1 + 0.04)}^{1 \cdot 19} - 1}$

Step 1.3

Multiply $170000$ by $0.04$ .

$\frac{6800}{{(1 + 0.04)}^{1 \cdot 19} - 1}$

Step 2

Simplify the denominator.

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Step 2.1

Add $1$ and $0.04$ .

$\frac{6800}{{1.04}^{1 \cdot 19} - 1}$

Step 2.2

Multiply $19$ by $1$ .

$\frac{6800}{{1.04}^{19} - 1}$

Step 2.3

Raise $1.04$ to the power of $19$ .

$\frac{6800}{2.10684917 - 1}$

Step 2.4

Subtract $1$ from $2.10684917$ .

$\frac{6800}{1.10684917}$

Step 3

Divide $6800$ by $1.10684917$ .

$6143.56512837$