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500\times \left(\frac{103}{400}\right)^{22}
Expand \frac{1.03}{4} by multiplying both numerator and the denominator by 100.
500\times \frac{191610340886078111289333368801345298804416209}{1759218604441600000000000000000000000000000000000000000000}
Calculate \frac{103}{400} to the power of 22 and get \frac{191610340886078111289333368801345298804416209}{1759218604441600000000000000000000000000000000000000000000}.
\frac{191610340886078111289333368801345298804416209}{3518437208883200000000000000000000000000000000000000000}
Multiply 500 and \frac{191610340886078111289333368801345298804416209}{1759218604441600000000000000000000000000000000000000000000} to get \frac{191610340886078111289333368801345298804416209}{3518437208883200000000000000000000000000000000000000000}.