Solve =80000(1+15/200)^3

$$= 80000 ( 1 + \frac { 15 } { 200 } ) ^ { 3 }$$

Evaluate

$$\frac{397535}{4}=99383.75$$

Solution Steps

Reduce the fraction \frac{15}{200} to lowest terms by extracting and canceling out 5.

$$80000\left(1+\frac{3}{40}\right)^{3}$$

Add 1 and \frac{3}{40} to get \frac{43}{40}.

$$80000\times \left(\frac{43}{40}\right)^{3}$$

Calculate \frac{43}{40} to the power of 3 and get \frac{79507}{64000}.

$$80000\times \frac{79507}{64000}$$

Multiply 80000 and \frac{79507}{64000} to get \frac{397535}{4}.

$$\frac{397535}{4}$$

Factor

$$\frac{5 \cdot 43 ^ {3}}{2 ^ {2}} = 99383\frac{3}{4} = 99383.75$$