Evaluate 1500/((1+0.015)^4) - Math help

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$\frac{1500}{{(1 + 0.015)}^{4}}$

Simplify the denominator.

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Add $1$ and $0.015$ .

$\frac{1500}{{1.015}^{4}}$

Raise $1.015$ to the power of $4$ .

$\frac{1500}{1.06136355}$

$\frac{1500}{1.06136355}$

Divide $1500$ by $1.06136355$ .

$1413.27634543$

Evaluate 1500/((1+0.015)^4)

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