Finite Math Examples

Evaluate Using the Given Value pmt=80 , (0(0.06))/((1.06)^17-1)
,
Step 1
Divide each term in by and simplify.
Tap for more steps...
Step 1.1
Divide each term in by .
Step 1.2
Simplify the left side.
Tap for more steps...
Step 1.2.1
Cancel the common factor of .
Tap for more steps...
Step 1.2.1.1
Cancel the common factor.
Step 1.2.1.2
Divide by .
Step 2
Rewrite the expression.
Step 3
Replace the variable with in the expression.
Step 4
Multiply by .
Step 5
Simplify the denominator.
Tap for more steps...
Step 5.1
Raise to the power of .
Step 5.2
Subtract from .
Step 6
Divide by .