Solve 5000{left(1+0.058/1right)}^4

$$5000 { \left(1+ \frac{ 0.058 }{ 1 } \right) }^{ 4 }$$

Evaluate

$$6264.87882248$$

Solution Steps

Anything divided by one gives itself.

$$5000\left(1+0.058\right)^{4}$$

Add 1 and 0.058 to get 1.058.

$$5000\times 1.058^{4}$$

Calculate 1.058 to the power of 4 and get 1.252975764496.

$$5000\times 1.252975764496$$

Multiply 5000 and 1.252975764496 to get 6264.87882248.

$$6264.87882248$$

Factor

$$\frac{23 ^ {8}}{2 ^ {5} \cdot 5 ^ {8}} = 6264\frac{10985281}{12500000} = 6264.87882248$$