Finite Math Examples

$A = 150 {(1 + \frac{0.04}{4})}^{4 (\frac{1}{4})}$

Step 1

Simplify the expression.

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Step 1.1

Divide $0.04$ by $4$ .

$A = 150 {(1 + 0.01)}^{4 (\frac{1}{4})}$

Step 1.2

Add $1$ and $0.01$ .

$A = 150 \cdot {1.01}^{4 (\frac{1}{4})}$

Step 2

Cancel the common factor of $4$ .

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Step 2.1

Cancel the common factor.

$A = 150 \cdot {1.01}^{4 (\frac{1}{4})}$

Step 2.2

Rewrite the expression.

$A = 150 \cdot {1.01}^{1}$

Step 3

Simplify the expression.

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Step 3.1

Evaluate the exponent.

$A = 150 \cdot 1.01$

Step 3.2

Multiply $150$ by $1.01$ .

$A = 151.5$