Calculating value of dismantling cost

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August 26, 2020 at 4:53 pm #582189
nataliakelly
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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
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(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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