Solve 1,800(1+.02/1)^20

$$1,800 ( 1 + \frac { .02 } { 1 } ) ^ { 20 }$$

Evaluate

$$2674.70531276103781566403321670997658042368$$

Solution Steps

Anything divided by one gives itself.

$$1800\left(1+0.02\right)^{20}$$

Add 1 and 0.02 to get 1.02.

$$1800\times 1.02^{20}$$

Calculate 1.02 to the power of 20 and get 1.4859473959783543420355740092833203224576.

$$1800\times 1.4859473959783543420355740092833203224576$$

Multiply 1800 and 1.4859473959783543420355740092833203224576 to get 2674.70531276103781566403321670997658042368.

$$2674.70531276103781566403321670997658042368$$

Factor

$$\frac{3 ^ {22} \cdot 17 ^ {20}}{2 ^ {17} \cdot 5 ^ {38}} = 2674\frac{3.3631933261764853 \times 10^{31}}{4.76837158203125 \times 10^{31}} = 2674.705312761038$$