Evaluate (12000*(0.06/12))/(1-(1+0.6/12)^(-12*4))

Math
12000⋅(0.0612)1-(1+0.612)-12⋅4
Combine 12000 and 0.0612.
12000⋅0.06121-(1+0.612)-12⋅4
Simplify the denominator.
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Divide 0.6 by 12.
12000⋅0.06121-(1+0.05)-12⋅4
Add 1 and 0.05.
12000⋅0.06121-1.05-12⋅4
Multiply -12 by 4.
12000⋅0.06121-1.05-48
Rewrite the expression using the negative exponent rule b-n=1bn.
12000⋅0.06121-11.0548
Raise 1.05 to the power of 48.
12000⋅0.06121-110.40126964
Divide 1 by 10.40126964.
12000⋅0.06121-1⋅0.0961421
Multiply -1 by 0.0961421.
12000⋅0.06121-0.0961421
Subtract 0.0961421 from 1.
12000⋅0.06120.90385789
12000⋅0.06120.90385789
Simplify the expression.
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Multiply 12000 by 0.06.
720120.90385789
Divide 720 by 12.
600.90385789
Divide 60 by 0.90385789.
66.38211669
66.38211669
Evaluate (12000*(0.06/12))/(1-(1+0.6/12)^(-12*4))

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