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\left(1+\frac{135}{40000}\right)^{12}\times 100
Expand \frac{0.0135}{4} by multiplying both numerator and the denominator by 10000.
\left(1+\frac{27}{8000}\right)^{12}\times 100
Reduce the fraction \frac{135}{40000} to lowest terms by extracting and canceling out 5.
\left(\frac{8027}{8000}\right)^{12}\times 100
Add 1 and \frac{27}{8000} to get \frac{8027}{8000}.
\frac{71554863192983357108125430384595932502003207121}{68719476736000000000000000000000000000000000000}\times 100
Calculate \frac{8027}{8000} to the power of 12 and get \frac{71554863192983357108125430384595932502003207121}{68719476736000000000000000000000000000000000000}.
\frac{71554863192983357108125430384595932502003207121}{687194767360000000000000000000000000000000000}
Multiply \frac{71554863192983357108125430384595932502003207121}{68719476736000000000000000000000000000000000000} and 100 to get \frac{71554863192983357108125430384595932502003207121}{687194767360000000000000000000000000000000000}.