Finite Math Examples

Evaluate Using the Given Value An, An=1300(1-((1+0.04)^-30)/0.04)
An,
Step 1
Simplify.
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Step 1.1
Move to the denominator using the negative exponent rule .
Step 1.2
Multiply by .
Step 1.3
Divide by .
Step 1.4
Multiply by .
Step 1.5
Subtract from .
Step 1.6
Multiply by .
Step 2
Divide each term in by and simplify.
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Step 2.1
Divide each term in by .
Step 2.2
Simplify the left side.
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Step 2.2.1
Cancel the common factor of .
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Step 2.2.1.1
Cancel the common factor.
Step 2.2.1.2
Divide by .
Step 2.3
Simplify the right side.
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Step 2.3.1
Move the negative in front of the fraction.
Step 3
Take the base solution.