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M=\frac{7566}{1.07818-1}
Multiply 97000 and 0.078 to get 7566.
M=\frac{7566}{0.07818}
Subtract 1 from 1.07818 to get 0.07818.
M=\frac{756600000}{7818}
Expand \frac{7566}{0.07818} by multiplying both numerator and the denominator by 100000.
M=\frac{126100000}{1303}
Reduce the fraction \frac{756600000}{7818} to lowest terms by extracting and canceling out 6.