Finite Math Examples

Evaluate (31000(0.05))/((1+0.05)^6-1)
Step 1
Multiply by .
Step 2
Simplify the denominator.
Tap for more steps...
Step 2.1
Add and .
Step 2.2
Raise to the power of .
Step 2.3
Subtract from .
Step 3
Divide by .