Finite Math Examples

$a = 5000 (1 + \frac{0.08}{365}) (365) (2)$

Step 1

Multiply $5000 (1 + \frac{0.08}{365})$ by $365$ .

$a = 5000 (1 + \frac{0.08}{365}) \cdot 365 \cdot 2$

Step 2

Simplify $5000 (1 + \frac{0.08}{365}) \cdot 365 \cdot 2$ .

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Step 2.1

Divide $0.08$ by $365$ .

$a = 5000 (1 + 0.00021917) \cdot 365 \cdot 2$

Step 2.2

Add $1$ and $0.00021917$ .

$a = 5000 \cdot 1.00021917 \cdot 365 \cdot 2$

Step 2.3

Multiply $5000 \cdot 1.00021917 \cdot 365 \cdot 2$ .

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Step 2.3.1

Multiply $5000$ by $1.00021917$ .

$a = 5001.09589041 \cdot 365 \cdot 2$

Step 2.3.2

Multiply $5001.09589041$ by $365$ .

$a = 1825400 \cdot 2$

Step 2.3.3

Multiply $1825400$ by $2$ .

$a = 3650800$