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145000\left(1+\frac{1.44+3}{12}\right)
Multiply 0.12 and 12 to get 1.44.
145000\left(1+\frac{4.44}{12}\right)
Add 1.44 and 3 to get 4.44.
145000\left(1+\frac{444}{1200}\right)
Expand \frac{4.44}{12} by multiplying both numerator and the denominator by 100.
145000\left(1+\frac{37}{100}\right)
Reduce the fraction \frac{444}{1200} to lowest terms by extracting and canceling out 12.
145000\left(\frac{100}{100}+\frac{37}{100}\right)
Convert 1 to fraction \frac{100}{100}.
145000\times \frac{100+37}{100}
Since \frac{100}{100} and \frac{37}{100} have the same denominator, add them by adding their numerators.
145000\times \frac{137}{100}
Add 100 and 37 to get 137.
\frac{145000\times 137}{100}
Express 145000\times \frac{137}{100} as a single fraction.
\frac{19865000}{100}
Multiply 145000 and 137 to get 19865000.
198650
Divide 19865000 by 100 to get 198650.