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Calculating value of dismantling cost

This topic has 1 reply, 2 voices, and was last updated 4 years ago by mrjonbain.

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August 26, 2020 at 4:53 pm #582189
nataliakelly
Member
- Topics: 1
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Hi, can someone remind me how to calculate exponents?
I have a cost of 4million x 1/1.05 at the power of 20.
The result is $1,507,558
Can someone give me some tips on how do I get to that value please?
Thank you,
Natalia
August 28, 2020 at 12:11 pm #582480
mrjonbain
Moderator
- Topics: 6
- Replies: 2487
(1.05)²? = 2.6532977
4000000/2.6532977= 1507557.934414
This rounds up to the answer you give above. Hope this helps. Please ask if you require more explanation.
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