5000000=(1+ { \left( \frac{ .02 }{ 12 } \right) }^{ 2-12 \times 6 }
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5000000=1+\left(\frac{2}{1200}\right)^{2-12\times 6}
Expand \frac{0.02}{12} by multiplying both numerator and the denominator by 100.
5000000=1+\left(\frac{1}{600}\right)^{2-12\times 6}
Reduce the fraction \frac{2}{1200} to lowest terms by extracting and canceling out 2.
5000000=1+\left(\frac{1}{600}\right)^{2-72}
Multiply 12 and 6 to get 72.
5000000=1+\left(\frac{1}{600}\right)^{-70}
Subtract 72 from 2 to get -70.
5000000=1+295520441454768124465870765979045538167132932305164697600000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
Calculate \frac{1}{600} to the power of -70 and get 295520441454768124465870765979045538167132932305164697600000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000.
5000000=295520441454768124465870765979045538167132932305164697600000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001
Add 1 and 295520441454768124465870765979045538167132932305164697600000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 to get 295520441454768124465870765979045538167132932305164697600000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001.
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Compare 5000000 and 295520441454768124465870765979045538167132932305164697600000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001.
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