Solve 2,500(1+0.0065)^2

$$2,500 ( 1 + 0.0065 ) ^ { 2 }$$

Evaluate

$$2532.605625$$

Solution Steps

Add 1 and 0.0065 to get 1.0065.

$$2500\times 1.0065^{2}$$

Calculate 1.0065 to the power of 2 and get 1.01304225.

$$2500\times 1.01304225$$

Multiply 2500 and 1.01304225 to get 2532.605625.

$$2532.605625$$

Factor

$$\frac{3 ^ {2} \cdot 11 ^ {2} \cdot 61 ^ {2}}{2 ^ {6} \cdot 5 ^ {2}} = 2532\frac{969}{1600} = 2532.605625$$