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\frac{115000}{1+115000\times 0.0001}
Calculate 0.01 to the power of 2 and get 0.0001.
\frac{115000}{1+11.5}
Multiply 115000 and 0.0001 to get 11.5.
\frac{115000}{12.5}
Add 1 and 11.5 to get 12.5.
\frac{1150000}{125}
Expand \frac{115000}{12.5} by multiplying both numerator and the denominator by 10.
9200
Divide 1150000 by 125 to get 9200.