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\frac{0.08\times 1.08^{20}}{\left(1+0.08\right)^{20}-1}
Add 1 and 0.08 to get 1.08.
\frac{0.08\times 4.6609571438493020524332763932966808190976}{\left(1+0.08\right)^{20}-1}
Calculate 1.08 to the power of 20 and get 4.6609571438493020524332763932966808190976.
\frac{0.372876571507944164194662111463734465527808}{\left(1+0.08\right)^{20}-1}
Multiply 0.08 and 4.6609571438493020524332763932966808190976 to get 0.372876571507944164194662111463734465527808.
\frac{0.372876571507944164194662111463734465527808}{1.08^{20}-1}
Add 1 and 0.08 to get 1.08.
\frac{0.372876571507944164194662111463734465527808}{4.6609571438493020524332763932966808190976-1}
Calculate 1.08 to the power of 20 and get 4.6609571438493020524332763932966808190976.
\frac{0.372876571507944164194662111463734465527808}{3.6609571438493020524332763932966808190976}
Subtract 1 from 4.6609571438493020524332763932966808190976 to get 3.6609571438493020524332763932966808190976.
\frac{372876571507944164194662111463734465527808}{3660957143849302052433276393296680819097600}
Expand \frac{0.372876571507944164194662111463734465527808}{3.6609571438493020524332763932966808190976} by multiplying both numerator and the denominator by 1000000000000000000000000000000000000000000.
\frac{42391158275216203514294433201}{416202640718586514189300532200}
Reduce the fraction \frac{372876571507944164194662111463734465527808}{3660957143849302052433276393296680819097600} to lowest terms by extracting and canceling out 8796093022208.