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
MmrjonbainModerator6y ago#1
(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.
