Solve 13,000[1+.0525/1]^6

$$13,000 [ 1 + \frac { .0525 } { 1 } ] ^ { 6 }$$

Evaluate

$$17671.604342312200439453125$$

Solution Steps

Anything divided by one gives itself.

$$13000\left(1+0.0525\right)^{6}$$

Add 1 and 0.0525 to get 1.0525.

$$13000\times 1.0525^{6}$$

Calculate 1.0525 to the power of 6 and get 1.359354180177861572265625.

$$13000\times 1.359354180177861572265625$$

Multiply 13000 and 1.359354180177861572265625 to get 17671.604342312200439453125.

$$17671.604342312200439453125$$

Factor

$$\frac{13 \cdot 421 ^ {6}}{2 ^ {21} \cdot 5 ^ {9}} = 17671\frac{2475386110768}{4096000000000} = 17671.6043423122$$