Finite Math Examples

$\frac{2000000}{{(1 + \frac{0.06}{12})}^{12 (43)}}$

Step 1

Simplify the denominator.

Tap for more steps...

Step 1.1

Divide $0.06$ by $12$ .

$\frac{2000000}{{(1 + 0.005)}^{12 (43)}}$

Step 1.2

Add $1$ and $0.005$ .

$\frac{2000000}{{1.005}^{12 (43)}}$

Step 1.3

Multiply $12$ by $43$ .

$\frac{2000000}{{1.005}^{516}}$

Step 1.4

Raise $1.005$ to the power of $516$ .

$\frac{2000000}{13.11257141}$

Step 2

Divide $2000000$ by $13.11257141$ .

$152525.38479178$