Solve 500left(1+0.022right)^12

$$500 { \left(1+0.022 \right) }^{ 12 }$$

Evaluate

$$649.203352581268829951906546775492608$$

Solution Steps

Add 1 and 0.022 to get 1.022.

$$500\times 1.022^{12}$$

Calculate 1.022 to the power of 12 and get 1.298406705162537659903813093550985216.

$$500\times 1.298406705162537659903813093550985216$$

Multiply 500 and 1.298406705162537659903813093550985216 to get 649.203352581268829951906546775492608.

$$649.203352581268829951906546775492608$$

Factor

$$\frac{7 ^ {12} \cdot 73 ^ {12}}{2 ^ {22} \cdot 5 ^ {33}} = 649\frac{9.929325257271596 \times 10^{28}}{4.8828125 \times 10^{29}} = 649.203352581269$$