\frac { 6,000 } { ( 1 + .03 } )
Evaluate
\frac{600000}{103}\approx 5825.242718447
Factor
\frac{3 \cdot 2 ^ {6} \cdot 5 ^ {5}}{103} = 5825\frac{25}{103} = 5825.242718446602
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\frac{6000}{1.03}
Add 1 and 0.03 to get 1.03.
\frac{600000}{103}
Expand \frac{6000}{1.03} by multiplying both numerator and the denominator by 100.
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