Solve 400(1+.035/1)^2

$$400 ( 1 + \frac { .035 } { 1 } ) ^ { 2 }$$

Evaluate

$$428.49$$

Solution Steps

Anything divided by one gives itself.

$$400\left(1+0.035\right)^{2}$$

Add 1 and 0.035 to get 1.035.

$$400\times 1.035^{2}$$

Calculate 1.035 to the power of 2 and get 1.071225.

$$400\times 1.071225$$

Multiply 400 and 1.071225 to get 428.49.

$$428.49$$

Factor

$$\frac{3 ^ {4} \cdot 23 ^ {2}}{2 ^ {2} \cdot 5 ^ {2}} = 428\frac{49}{100} = 428.49$$