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\frac{\frac{5200+1}{1.04}}{1-\frac{1}{1.04}}
Multiply 5000 and 1.04 to get 5200.
\frac{\frac{5201}{1.04}}{1-\frac{1}{1.04}}
Add 5200 and 1 to get 5201.
\frac{\frac{520100}{104}}{1-\frac{1}{1.04}}
Expand \frac{5201}{1.04} by multiplying both numerator and the denominator by 100.
\frac{\frac{130025}{26}}{1-\frac{1}{1.04}}
Reduce the fraction \frac{520100}{104} to lowest terms by extracting and canceling out 4.
\frac{\frac{130025}{26}}{1-\frac{100}{104}}
Expand \frac{1}{1.04} by multiplying both numerator and the denominator by 100.
\frac{\frac{130025}{26}}{1-\frac{25}{26}}
Reduce the fraction \frac{100}{104} to lowest terms by extracting and canceling out 4.
\frac{\frac{130025}{26}}{\frac{26}{26}-\frac{25}{26}}
Convert 1 to fraction \frac{26}{26}.
\frac{\frac{130025}{26}}{\frac{26-25}{26}}
Since \frac{26}{26} and \frac{25}{26} have the same denominator, subtract them by subtracting their numerators.
\frac{\frac{130025}{26}}{\frac{1}{26}}
Subtract 25 from 26 to get 1.
\frac{130025}{26}\times 26
Divide \frac{130025}{26} by \frac{1}{26} by multiplying \frac{130025}{26} by the reciprocal of \frac{1}{26}.
130025
Cancel out 26 and 26.