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\frac{212\times 1.07}{9701}
Calculate 1.07 to the power of 1 and get 1.07.
\frac{226.84}{9701}
Multiply 212 and 1.07 to get 226.84.
\frac{22684}{970100}
Expand \frac{226.84}{9701} by multiplying both numerator and the denominator by 100.
\frac{5671}{242525}
Reduce the fraction \frac{22684}{970100} to lowest terms by extracting and canceling out 4.