Pre-Algebra Examples

$P = \frac{8000}{{(1 + \frac{0.08}{1})}^{12 \cdot 3}}$

Step 1

Divide $0.08$ by $1$ .

$P = \frac{8000}{{(1 + 0.08)}^{12 \cdot 3}}$

Step 2

Simplify the denominator.

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Step 2.1

Add $1$ and $0.08$ .

$P = \frac{8000}{{1.08}^{12 \cdot 3}}$

Step 2.2

Multiply $12$ by $3$ .

$P = \frac{8000}{{1.08}^{36}}$

Step 2.3

Raise $1.08$ to the power of $36$ .

$P = \frac{8000}{15.96817183}$

Step 3

Divide $8000$ by $15.96817183$ .

$P = 500.99661258$