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2500\left(1+\frac{12}{400}\right)^{4}\times 12
Multiply 4 and 100 to get 400.
2500\left(1+\frac{3}{100}\right)^{4}\times 12
Reduce the fraction \frac{12}{400} to lowest terms by extracting and canceling out 4.
2500\times \left(\frac{103}{100}\right)^{4}\times 12
Add 1 and \frac{3}{100} to get \frac{103}{100}.
2500\times \frac{112550881}{100000000}\times 12
Calculate \frac{103}{100} to the power of 4 and get \frac{112550881}{100000000}.
\frac{112550881}{40000}\times 12
Multiply 2500 and \frac{112550881}{100000000} to get \frac{112550881}{40000}.
\frac{337652643}{10000}
Multiply \frac{112550881}{40000} and 12 to get \frac{337652643}{10000}.