Evaluate (1-(1+0.022)^-12)/0.022

$\frac{1 - {(1 + 0.022)}^{- 12}}{0.022}$

Simplify the numerator.

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Add $1$ and $0.022$ .

$\frac{1 - {1.022}^{- 12}}{0.022}$

Rewrite the expression using the negative exponent rule $b^{- n} = \frac{1}{b^{n}}$ .

$\frac{1 - \frac{1}{{1.022}^{12}}}{0.022}$

Raise $1.022$ to the power of $12$ .

$\frac{1 - \frac{1}{1.2984067}}{0.022}$

Divide $1$ by $1.2984067$ .

$\frac{1 - 1 \cdot 0.7701747}{0.022}$

Multiply $- 1$ by $0.7701747$ .

$\frac{1 - 0.7701747}{0.022}$

Subtract $0.7701747$ from $1$ .

$\frac{0.22982529}{0.022}$

Divide $0.22982529$ by $0.022$ .

$10.44660435$

Evaluate (1-(1+0.022)^-12)/0.022

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