1000divided by(1+.06) raised to the power of 30
You asked:
MathBot Answer:
\[\frac{1000}{{\left( 1 + .06 \right)}^{30}} = \frac{931322574615478515625000000000000000000000000000000000}{5349042986438842598594824161669986924013455633256649} \approx 174.11013091063455763645495449399768\]
\[\begin{aligned}\frac{1000}{{\left( 1 + .06 \right)}^{30}}& = 1000 \cdot \frac{1}{\left(1 + \frac{6}{100}\right)^{30}}\\& = 1000 \cdot \frac{1}{\left(1 + \frac{3}{50}\right)^{30}}\\& = 1000 \cdot \frac{1}{\left(\frac{53}{50}\right)^{30}}\\& = 1000 \cdot \frac{1}{\frac{5349042986438842598594824161669986924013455633256649}{931322574615478515625000000000000000000000000000000}}\\& = \frac{931322574615478515625000000000000000000000000000000000}{5349042986438842598594824161669986924013455633256649}\end{aligned}\]