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\frac{1203\left(1.0025^{12}-1\right)}{0.0025}
Multiply 1200 and 1.0025 to get 1203.
\frac{1203\left(1.030415956913507320092087421703398227691650390625-1\right)}{0.0025}
Calculate 1.0025 to the power of 12 and get 1.030415956913507320092087421703398227691650390625.
\frac{1203\times 0.030415956913507320092087421703398227691650390625}{0.0025}
Subtract 1 from 1.030415956913507320092087421703398227691650390625 to get 0.030415956913507320092087421703398227691650390625.
\frac{36.590396166949306070781168309188067913055419921875}{0.0025}
Multiply 1203 and 0.030415956913507320092087421703398227691650390625 to get 36.590396166949306070781168309188067913055419921875.
\frac{36590396166949306070781168309188067913055419921875}{2500000000000000000000000000000000000000000000}
Expand \frac{36.590396166949306070781168309188067913055419921875}{0.0025} by multiplying both numerator and the denominator by 1000000000000000000000000000000000000000000000000.
\frac{613884980018480568999606949455603}{41943040000000000000000000000}
Reduce the fraction \frac{36590396166949306070781168309188067913055419921875}{2500000000000000000000000000000000000000000000} to lowest terms by extracting and canceling out 59604644775390625.