document.write( "Question 703970: It's a formula for Present Value Formula.
\n" ); document.write( "I am trying to understand the operation of an exponent. my problem is this
\n" ); document.write( "50000(1.05)^-12
\n" ); document.write( "I am confused as to how the calculator got the answer of 0.556837418177559
\n" ); document.write( "I was wondering if there is a way for my to do this problem (1.05)^-12 (the numbers will change but this is the first number I came up with) if I have no calculator available. \r
\n" ); document.write( "\n" ); document.write( "As for the completion of my problem. In the end I need a higher interest in order to save the amount that I wanted but even though the interest changes, I would like to know if finding the numbers are possible without a calculator.
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Algebra.Com's Answer #433825 by Alan3354(69443)\"\" \"About 
You can put this solution on YOUR website!
It's a formula for Present Value Formula.
\n" ); document.write( "I am trying to understand the operation of an exponent. my problem is this
\n" ); document.write( "50000(1.05)^-12
\n" ); document.write( "I am confused as to how the calculator got the answer of 0.556837418177559
\n" ); document.write( "I was wondering if there is a way for my to do this problem (1.05)^-12 (the numbers will change but this is the first number I came up with) if I have no calculator available. \r
\n" ); document.write( "\n" ); document.write( "As for the completion of my problem. In the end I need a higher interest in order to save the amount that I wanted but even though the interest changes, I would like to know if finding the numbers are possible without a calculator.
\n" ); document.write( "-------------
\n" ); document.write( "\"1.05%5E-12+=+1%2F1.05%5E12\"
\n" ); document.write( "You can do it without a calculator, obviously people did before the advent of calculators.
\n" ); document.write( "\"1.05%5E12+=+1.05%5E2%2A1.05%5E3%2A1.05%5E4\"\r
\n" ); document.write( "\n" ); document.write( "\"1.05%5E12+=+1.05%5E2%2A%281.05%5E2%2A1.20%29%2A%281.05%5E2%29%5E2\"
\n" ); document.write( "Chances are you'll get tired of it before you're done.
\n" ); document.write( "
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