Finite Math Examples

$x = 5900 {(1 + \frac{0.058}{12})}^{12 \cdot 12}$

Step 1

Divide $0.058$ by $12$ .

$x = 5900 {(1 + 0.0048\overline{3})}^{12 \cdot 12}$

Step 2

Add $1$ and $0.0048\overline{3}$ .

$x = 5900 \cdot {1.0048\overline{3}}^{12 \cdot 12}$

Step 3

Multiply $12$ by $12$ .

$x = 5900 \cdot {1.0048\overline{3}}^{144}$

Step 4

Raise $1.0048\overline{3}$ to the power of $144$ .

$x = 5900 \cdot 2.00235382$

Step 5

Multiply $5900$ by $2.00235382$ .

$x = 11813.88755764$