Finite Math Examples

$f v = \frac{1000 ({(1 + 0.005)}^{60} - 1)}{0.005}$

Step 1

Simplify.

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Step 1.1

Simplify each term.

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Step 1.1.1

Add $1$ and $0.005$ .

$f v = \frac{1000 ({1.005}^{60} - 1)}{0.005}$

Step 1.1.2

Raise $1.005$ to the power of $60$ .

$f v = \frac{1000 (1.34885015 - 1)}{0.005}$

Step 1.2

Subtract $1$ from $1.34885015$ .

$f v = \frac{1000 \cdot 0.34885015}{0.005}$

Step 1.3

Multiply $1000$ by $0.34885015$ .

$f v = \frac{348.85015254}{0.005}$

Step 1.4

Divide $348.85015254$ by $0.005$ .

$f v = 69770.03050986$

Step 2

Divide each term in $f v = 69770.03050986$ by $f$ and simplify.

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Step 2.1

Divide each term in $f v = 69770.03050986$ by $f$ .

$\frac{f v}{f} = \frac{69770.03050986}{f}$

Step 2.2

Simplify the left side.

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Step 2.2.1

Cancel the common factor of $f$ .

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Step 2.2.1.1

Cancel the common factor.

$\frac{f v}{f} = \frac{69770.03050986}{f}$

Step 2.2.1.2

Divide $v$ by $1$ .

$v = \frac{69770.03050986}{f}$