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\frac{0.924}{1+0.02175}
Multiply 0.087 and 0.25 to get 0.02175.
\frac{0.924}{1.02175}
Add 1 and 0.02175 to get 1.02175.
\frac{92400}{102175}
Expand \frac{0.924}{1.02175} by multiplying both numerator and the denominator by 100000.
\frac{3696}{4087}
Reduce the fraction \frac{92400}{102175} to lowest terms by extracting and canceling out 25.