Final answer to the problem
$0.1956182$
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Step-by-step Solution
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1
Divide $3$ by $200$
$\left(1+\frac{3}{200}\right)^{12}-1$
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$\left(1+\frac{3}{200}\right)^{12}-1$
Learn how to solve problems step by step online. Simplify (1+3/200)^12-1. Divide 3 by 200. Add the values 1 and \frac{3}{200}. Calculate the power 1.015^{12}. Subtract the values 1.1956182 and -1.
Final answer to the problem
$0.1956182$