Solve 5500{left(1+0.025/1right)}^8

$$5500 { \left(1+ \frac{ 0.025 }{ 1 } \right) }^{ 8 }$$

Evaluate

$$6701.2159363045501708984375$$

Solution Steps

Anything divided by one gives itself.

$$5500\left(1+0.025\right)^{8}$$

Add 1 and 0.025 to get 1.025.

$$5500\times 1.025^{8}$$

Calculate 1.025 to the power of 8 and get 1.218402897509918212890625.

$$5500\times 1.218402897509918212890625$$

Multiply 5500 and 1.218402897509918212890625 to get 6701.2159363045501708984375.

$$6701.2159363045501708984375$$

Factor

$$\frac{11 \cdot 41 ^ {8}}{2 ^ {22} \cdot 5 ^ {5}} = 6701\frac{2830320331}{13107200000} = 6701.21593630455$$