Finite Math Examples

$10000 + \frac{3600 \cdot ({1.03}^{13.47984382} - 1)}{1.03 - 1}$

Step 1

Simplify each term.

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Step 1.1

Simplify the numerator.

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Step 1.1.1

Raise $1.03$ to the power of $13.47984382$ .

$10000 + \frac{3600 (1.48951123 - 1)}{1.03 - 1}$

Step 1.1.2

Subtract $1$ from $1.48951123$ .

$10000 + \frac{3600 \cdot 0.48951123}{1.03 - 1}$

Step 1.2

Subtract $1$ from $1.03$ .

$10000 + \frac{3600 \cdot 0.48951123}{0.03}$

Step 1.3

Multiply $3600$ by $0.48951123$ .

$10000 + \frac{1762.24045614}{0.03}$

Step 1.4

Divide $1762.24045614$ by $0.03$ .

$10000 + 58741.34853806$

Step 2

Add $10000$ and $58741.34853806$ .

$68741.34853806$