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1200\left(1+0.015\right)^{12}
Multiply 100 and 12 to get 1200.
1200\times 1.015^{12}
Add 1 and 0.015 to get 1.015.
1200\times 1.195618171461535251561290097900390625
Calculate 1.015 to the power of 12 and get 1.195618171461535251561290097900390625.
1434.74180575384230187354811748046875
Multiply 1200 and 1.195618171461535251561290097900390625 to get 1434.74180575384230187354811748046875.