Solve 37500/1.06^2

$$\frac{ 37500 }{ { 1.06 }^{ 2 } }$$

Evaluate

$$\frac{93750000}{2809}\approx 33374.866500534$$

Solution Steps

Calculate 1.06 to the power of 2 and get 1.1236.

$$\frac{37500}{1.1236}$$

Expand \frac{37500}{1.1236} by multiplying both numerator and the denominator by 10000.

$$\frac{375000000}{11236}$$

Reduce the fraction \frac{375000000}{11236} to lowest terms by extracting and canceling out 4.

$$\frac{93750000}{2809}$$

Factor

$$\frac{3 \cdot 2 ^ {4} \cdot 5 ^ {9}}{53 ^ {2}} = 33374\frac{2434}{2809} = 33374.866500534$$