Solve A=55,000(1+0.16/2)4

$$A = 55,000 ( 1 + \frac { 0.16 } { 2 } ) 4$$

Solve for A

$$A=237600$$

Steps for Solving Linear Equation

Expand \frac{0.16}{2} by multiplying both numerator and the denominator by 100.

$$A=55000\left(1+\frac{16}{200}\right)\times 4$$

Reduce the fraction \frac{16}{200} to lowest terms by extracting and canceling out 8.

$$A=55000\left(1+\frac{2}{25}\right)\times 4$$

Convert 1 to fraction \frac{25}{25}.

$$A=55000\left(\frac{25}{25}+\frac{2}{25}\right)\times 4$$

Since \frac{25}{25} and \frac{2}{25} have the same denominator, add them by adding their numerators.

$$A=55000\times \frac{25+2}{25}\times 4$$

Add 25 and 2 to get 27.

$$A=55000\times \frac{27}{25}\times 4$$

Express 55000\times \frac{27}{25} as a single fraction.

$$A=\frac{55000\times 27}{25}\times 4$$

Multiply 55000 and 27 to get 1485000.

$$A=\frac{1485000}{25}\times 4$$

Divide 1485000 by 25 to get 59400.

$$A=59400\times 4$$

Multiply 59400 and 4 to get 237600.

$$A=237600$$

Assign A

$$A≔237600$$