Solve for P P=40000/((1+0.06/365)^(365*7))

Math
P=40000(1+0.06365)365⋅7
Simplify the denominator.
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Divide 0.06 by 365.
P=40000(1+0.00016438)365⋅7
Add 1 and 0.00016438.
P=400001.00016438365⋅7
Multiply 365 by 7.
P=400001.000164382555
Raise 1.00016438 to the power of 2555.
P=400001.52190902
P=400001.52190902
Divide 40000 by 1.52190902.
P=26282.77997349
Solve for P P=40000/((1+0.06/365)^(365*7))

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