Finite Math Examples

$A = 6000 (\frac{{1.053}^{8} - 1}{0.053})$

Step 1

Multiply $6000$ by $\frac{{1.053}^{8} - 1}{0.053}$ .

$A = 6000 (\frac{{1.053}^{8} - 1}{0.053})$

Step 2

Simplify $6000 (\frac{{1.053}^{8} - 1}{0.053})$ .

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Step 2.1

Simplify the numerator.

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Step 2.1.1

Raise $1.053$ to the power of $8$ .

$A = 6000 \frac{1.51156549 - 1}{0.053}$

Step 2.1.2

Subtract $1$ from $1.51156549$ .

$A = 6000 (\frac{0.51156549}{0.053})$

Step 2.2

Simplify the expression.

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Step 2.2.1

Divide $0.51156549$ by $0.053$ .

$A = 6000 \cdot 9.65217914$

Step 2.2.2

Multiply $6000$ by $9.65217914$ .

$A = 57913.07486939$