Evaluate (15000((1+0.09)^60-1))/(0.09/12)

$\frac{15000 ({(1 + 0.09)}^{60} - 1)}{\frac{0.09}{12}}$

Multiply the numerator by the reciprocal of the denominator.

$15000 ({(1 + 0.09)}^{60} - 1) \frac{12}{0.09}$

Simplify each term.

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Add $1$ and $0.09$ .

$15000 ({1.09}^{60} - 1) \frac{12}{0.09}$

Raise $1.09$ to the power of $60$ .

$15000 (176.03129196 - 1) \frac{12}{0.09}$

Reduce the expression by cancelling the common factors.

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Subtract $1$ from $176.03129196$ .

$15000 \cdot 175.03129196 \frac{12}{0.09}$

Cancel the common factor of $0.09$ .

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Factor $0.09$ out of $15000 \cdot 175.03129196$ .

$0.09 (15000 \cdot 1944.79213289) \frac{12}{0.09}$

Cancel the common factor.

$0.09 (15000 \cdot 1944.79213289) \frac{12}{0.09}$

Rewrite the expression.

$15000 \cdot 1944.79213289 \cdot 12$

Multiply.

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Multiply $15000$ by $1944.79213289$ .

$29171881.993375 \cdot 12$

Multiply $29171881.993375$ by $12$ .

$350062583.9205$

Evaluate (15000((1+0.09)^60-1))/(0.09/12)

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