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28000\times \frac{1}{1.08^{5}}
Add 1 and 0.08 to get 1.08.
28000\times \frac{1}{1.4693280768}
Calculate 1.08 to the power of 5 and get 1.4693280768.
28000\times \frac{10000000000}{14693280768}
Expand \frac{1}{1.4693280768} by multiplying both numerator and the denominator by 10000000000.
28000\times \frac{9765625}{14348907}
Reduce the fraction \frac{10000000000}{14693280768} to lowest terms by extracting and canceling out 1024.
\frac{273437500000}{14348907}
Multiply 28000 and \frac{9765625}{14348907} to get \frac{273437500000}{14348907}.