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\frac{2\times 1.030301-2-\left(2\times 0.99^{3}-2\right)}{2\times 0.01}
Calculate 1.01 to the power of 3 and get 1.030301.
\frac{2.060602-2-\left(2\times 0.99^{3}-2\right)}{2\times 0.01}
Multiply 2 and 1.030301 to get 2.060602.
\frac{0.060602-\left(2\times 0.99^{3}-2\right)}{2\times 0.01}
Subtract 2 from 2.060602 to get 0.060602.
\frac{0.060602-\left(2\times 0.970299-2\right)}{2\times 0.01}
Calculate 0.99 to the power of 3 and get 0.970299.
\frac{0.060602-\left(1.940598-2\right)}{2\times 0.01}
Multiply 2 and 0.970299 to get 1.940598.
\frac{0.060602-\left(-0.059402\right)}{2\times 0.01}
Subtract 2 from 1.940598 to get -0.059402.
\frac{0.060602+0.059402}{2\times 0.01}
The opposite of -0.059402 is 0.059402.
\frac{0.120004}{2\times 0.01}
Add 0.060602 and 0.059402 to get 0.120004.
\frac{0.120004}{0.02}
Multiply 2 and 0.01 to get 0.02.
\frac{120004}{20000}
Expand \frac{0.120004}{0.02} by multiplying both numerator and the denominator by 1000000.
\frac{30001}{5000}
Reduce the fraction \frac{120004}{20000} to lowest terms by extracting and canceling out 4.