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           ☆1 arithmetic calculations

[1/1 Formula]
    Work: Calculate the value of equation 456/(6.3%/12)*((1+6.3%/12)^(48)-1)*(1+6.3%/12) .
    Question type: Mathematical calculation
    Solution:
          456/(6.3%/12)*((1+6.3%/12)^(48)-1)*(1+6.3%/12)
        =456/0.00525*((1+6.3%/12)^(48)-1)*(1+6.3%/12)
        =456/0.00525*(1.00525^(48)-1)*(1+6.3%/12)
        =456/0.00525*(1.00525^48-1)*(1+6.3%/12)
        =456/0.00525*0.285748*(1+6.3%/12)
        =456/0.00525*0.285748*1.00525
        =86857.142857*0.285748*1.00525
        =24819.254857*1.00525
        =24949.555945

    Answer:456/(6.3%/12)*((1+6.3%/12)^(48)-1)*(1+6.3%/12)=24949.555945


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