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\frac{8\times 1.08^{8}}{1.08^{8}-1}
Multiply 100 and 0.08 to get 8.
\frac{8\times 1.8509302102818816}{1.08^{8}-1}
Calculate 1.08 to the power of 8 and get 1.8509302102818816.
\frac{14.8074416822550528}{1.08^{8}-1}
Multiply 8 and 1.8509302102818816 to get 14.8074416822550528.
\frac{14.8074416822550528}{1.8509302102818816-1}
Calculate 1.08 to the power of 8 and get 1.8509302102818816.
\frac{14.8074416822550528}{0.8509302102818816}
Subtract 1 from 1.8509302102818816 to get 0.8509302102818816.
\frac{148074416822550528}{8509302102818816}
Expand \frac{14.8074416822550528}{0.8509302102818816} by multiplying both numerator and the denominator by 10000000000000000.
\frac{282429536481}{16230205732}
Reduce the fraction \frac{148074416822550528}{8509302102818816} to lowest terms by extracting and canceling out 524288.