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12000\times \frac{100}{6}\left(1-\frac{1}{1.06^{10}}\right)
Expand \frac{1}{0.06} by multiplying both numerator and the denominator by 100.
12000\times \frac{50}{3}\left(1-\frac{1}{1.06^{10}}\right)
Reduce the fraction \frac{100}{6} to lowest terms by extracting and canceling out 2.
\frac{12000\times 50}{3}\left(1-\frac{1}{1.06^{10}}\right)
Express 12000\times \frac{50}{3} as a single fraction.
\frac{600000}{3}\left(1-\frac{1}{1.06^{10}}\right)
Multiply 12000 and 50 to get 600000.
200000\left(1-\frac{1}{1.06^{10}}\right)
Divide 600000 by 3 to get 200000.
200000\left(1-\frac{1}{1.79084769654285362176}\right)
Calculate 1.06 to the power of 10 and get 1.79084769654285362176.
200000\left(1-\frac{100000000000000000000}{179084769654285362176}\right)
Expand \frac{1}{1.79084769654285362176} by multiplying both numerator and the denominator by 100000000000000000000.
200000\left(1-\frac{97656250000000000}{174887470365513049}\right)
Reduce the fraction \frac{100000000000000000000}{179084769654285362176} to lowest terms by extracting and canceling out 1024.
200000\left(\frac{174887470365513049}{174887470365513049}-\frac{97656250000000000}{174887470365513049}\right)
Convert 1 to fraction \frac{174887470365513049}{174887470365513049}.
200000\times \frac{174887470365513049-97656250000000000}{174887470365513049}
Since \frac{174887470365513049}{174887470365513049} and \frac{97656250000000000}{174887470365513049} have the same denominator, subtract them by subtracting their numerators.
200000\times \frac{77231220365513049}{174887470365513049}
Subtract 97656250000000000 from 174887470365513049 to get 77231220365513049.
\frac{200000\times 77231220365513049}{174887470365513049}
Express 200000\times \frac{77231220365513049}{174887470365513049} as a single fraction.
\frac{15446244073102609800000}{174887470365513049}
Multiply 200000 and 77231220365513049 to get 15446244073102609800000.