Evaluate (1500(0.125/12))/(1-(1+0.125/12)^(-12*1))

$\frac{1500 (\frac{0.125}{12})}{1 - {(1 + \frac{0.125}{12})}^{- 12 \cdot 1}}$

Combine $1500$ and $\frac{0.125}{12}$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - {(1 + \frac{0.125}{12})}^{- 12 \cdot 1}}$

Simplify the denominator.

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Divide $0.125$ by $12$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - {(1 + 0.01041\overline{6})}^{- 12 \cdot 1}}$

Add $1$ and $0.01041\overline{6}$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - {1.01041\overline{6}}^{- 12 \cdot 1}}$

Multiply $- 12$ by $1$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - {1.01041\overline{6}}^{- 12}}$

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

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - \frac{1}{{1.01041\overline{6}}^{12}}}$

Raise $1.01041\overline{6}$ to the power of $12$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - \frac{1}{1.13241604}}$

Divide $1$ by $1.13241604$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - 1 \cdot 0.88306767}$

Multiply $- 1$ by $0.88306767$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{1 - 0.88306767}$

Subtract $0.88306767$ from $1$ .

$\frac{\frac{1500 \cdot 0.125}{12}}{0.11693232}$

Simplify the expression.

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Multiply $1500$ by $0.125$ .

$\frac{\frac{187.5}{12}}{0.11693232}$

Divide $187.5$ by $12$ .

$\frac{15.625}{0.11693232}$

Divide $15.625$ by $0.11693232$ .

$133.62429406$

Evaluate (1500(0.125/12))/(1-(1+0.125/12)^(-12*1))

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