Evaluate 1000000*((0.06/4)^48)/((1+0.05/12)^48-1)

Math
1000000⋅(0.064)48((1+0.0512)48-1)
Simplify the numerator.
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Divide 0.06 by 4.
1000000⋅0.01548(1+0.0512)48-1
Raise 0.015 to the power of 48.
1000000⋅0(1+0.0512)48-1
1000000⋅0(1+0.0512)48-1
Simplify the denominator.
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Divide 0.05 by 12.
1000000⋅0(1+0.00416‾)48-1
Add 1 and 0.00416‾.
1000000⋅01.00416‾48-1
Raise 1.00416‾ to the power of 48.
1000000⋅01.22089535-1
Subtract 1 from 1.22089535.
1000000⋅00.22089535
1000000⋅00.22089535
Simplify the expression.
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Divide 0 by 0.22089535.
1000000⋅0
Multiply 1000000 by 0.
0
0
Evaluate 1000000*((0.06/4)^48)/((1+0.05/12)^48-1)
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