Finite Math Examples

$R = \frac{4500 ({(1 + \frac{0.055}{12})}^{36} - 1)}{\frac{0.055}{12}}$

Step 1

Multiply the numerator by the reciprocal of the denominator.

$R = 4500 ({(1 + \frac{0.055}{12})}^{36} - 1) \frac{12}{0.055}$

Step 2

Simplify each term.

Tap for more steps...

Step 2.1

Divide $0.055$ by $12$ .

$R = 4500 ({(1 + 0.00458\overline{3})}^{36} - 1) \frac{12}{0.055}$

Step 2.2

Add $1$ and $0.00458\overline{3}$ .

$R = 4500 ({1.00458\overline{3}}^{36} - 1) \frac{12}{0.055}$

Step 2.3

Raise $1.00458\overline{3}$ to the power of $36$ .

$R = 4500 (1.1789486 - 1) \frac{12}{0.055}$

Step 3

Simplify the expression.

Tap for more steps...

Step 3.1

Subtract $1$ from $1.1789486$ .

$R = 4500 \cdot 0.1789486 \frac{12}{0.055}$

Step 3.2

Multiply $4500$ by $0.1789486$ .

$R = 805.26871107 (\frac{12}{0.055})$

Step 3.3

Divide $12$ by $0.055$ .

$R = 805.26871107 \cdot 218.\overline{18}$

Step 3.4

Multiply $805.26871107$ by $218.\overline{18}$ .

$R = 175694.99150775$