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16000\left(1+\frac{5}{2\times 100}\right)^{3}
Express \frac{\frac{5}{2}}{100} as a single fraction.
16000\left(1+\frac{5}{200}\right)^{3}
Multiply 2 and 100 to get 200.
16000\left(1+\frac{1}{40}\right)^{3}
Reduce the fraction \frac{5}{200} to lowest terms by extracting and canceling out 5.
16000\times \left(\frac{41}{40}\right)^{3}
Add 1 and \frac{1}{40} to get \frac{41}{40}.
16000\times \frac{68921}{64000}
Calculate \frac{41}{40} to the power of 3 and get \frac{68921}{64000}.
\frac{68921}{4}
Multiply 16000 and \frac{68921}{64000} to get \frac{68921}{4}.