Evaluate (145000*(0.065/12))/(1-(1+0.065/12)^(-12*20))

Math
145000⋅(0.06512)1-(1+0.06512)-12⋅20
Combine 145000 and 0.06512.
145000⋅0.065121-(1+0.06512)-12⋅20
Simplify the denominator.
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Divide 0.065 by 12.
145000⋅0.065121-(1+0.005416‾)-12⋅20
Add 1 and 0.005416‾.
145000⋅0.065121-1.005416‾-12⋅20
Multiply -12 by 20.
145000⋅0.065121-1.005416‾-240
Rewrite the expression using the negative exponent rule b-n=1bn.
145000⋅0.065121-11.005416‾240
Raise 1.005416‾ to the power of 240.
145000⋅0.065121-13.6564467
Divide 1 by 3.6564467.
145000⋅0.065121-1⋅0.27348956
Multiply -1 by 0.27348956.
145000⋅0.065121-0.27348956
Subtract 0.27348956 from 1.
145000⋅0.065120.72651043
145000⋅0.065120.72651043
Reduce the expression by cancelling the common factors.
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Multiply 145000 by 0.065.
9425120.72651043
Cancel the common factor of 9425 and 12.
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Rewrite 9425 as 1(9425).
1(9425)120.72651043
Cancel the common factors.
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Rewrite 12 as 1(12).
1⋅94251⋅120.72651043
Cancel the common factor.
1⋅94251⋅120.72651043
Rewrite the expression.
9425120.72651043
9425120.72651043
9425120.72651043
9425120.72651043
Multiply the numerator by the reciprocal of the denominator.
942512⋅10.72651043
Divide 1 by 0.72651043.
942512⋅1.37644271
Multiply 942512⋅1.37644271.
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Combine 942512 and 1.37644271.
9425⋅1.3764427112
Multiply 9425 by 1.37644271.
12972.9725579612
12972.9725579612
Divide 12972.97255796 by 12.
1081.08104649
Evaluate (145000*(0.065/12))/(1-(1+0.065/12)^(-12*20))

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