What is 2700000(1+0.0601)^{-12} ?

The solution to 2700000(1+0.0601)^{-12} is 1340299.17430…

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simplify 2700000(1+0.0601)^{-12}

simplify

2700000 (1 + 0.0601)^{- 12}

1340299.17430 \dots

Solution steps

2700000 (1 + 0.0601)^{- 12}

Apply exponent rule:

a^{- b} = \frac{1}{a ^{b}}

= 2700000 \cdot \frac{1}{( 1 + 0.0601 ) ^{12}}

Add the numbers:

1 + 0.0601 = 1.0601

= 2700000 \cdot \frac{1}{1.060 1 ^{12}}

Multiply fractions:

a \cdot \frac{b}{c} = \frac{a \cdot b}{c}

= \frac{1 \cdot 2700000}{1.060 1 ^{12}}

Multiply the numbers:

1 \cdot 2700000 = 2700000

= \frac{2700000}{1.060 1 ^{12}}

1.060 1^{12} = 2.01447 \dots

= \frac{2700000}{2.01447 \dots}

Divide the numbers:

\frac{2700000}{2.01447 \dots} = 1340299.17430 \dots

= 1340299.17430 \dots

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What is 2700000(1+0.0601)^{-12} ?
The solution to 2700000(1+0.0601)^{-12} is 1340299.17430…