Finite Math Examples

$\frac{\frac{1}{{(1 + 0.02)}^{24}}}{0.02}$

Step 1

Multiply the numerator by the reciprocal of the denominator.

$\frac{1}{{(1 + 0.02)}^{24}} \cdot \frac{1}{0.02}$

Step 2

Combine.

$\frac{1 \cdot 1}{{(1 + 0.02)}^{24} \cdot 0.02}$

Step 3

Multiply $1$ by $1$ .

$\frac{1}{{(1 + 0.02)}^{24} \cdot 0.02}$

Step 4

Multiply ${(1 + 0.02)}^{24}$ by $0.02$ .

$\frac{1}{0.03216874}$

Step 5

Divide $1$ by $0.03216874$ .

$31.08607439$