Solve (1+0.06)^7/0.06

$$\frac { ( 1 + 0.06 ) ^ { 7 } } { 0.06 }$$

Evaluate

$$\frac{1174711139837}{46875000000}\approx 25.060504317$$

Solution Steps

Add 1 and 0.06 to get 1.06.

$$\frac{1.06^{7}}{0.06}$$

Calculate 1.06 to the power of 7 and get 1.50363025899136.

$$\frac{1.50363025899136}{0.06}$$

Expand \frac{1.50363025899136}{0.06} by multiplying both numerator and the denominator by 100000000000000.

$$\frac{150363025899136}{6000000000000}$$

Reduce the fraction \frac{150363025899136}{6000000000000} to lowest terms by extracting and canceling out 128.

$$\frac{1174711139837}{46875000000}$$

Factor

$$\frac{53 ^ {7}}{3 \cdot 2 ^ {6} \cdot 5 ^ {12}} = 25\frac{2836139837}{46875000000} = 25.060504316522668$$