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hi how is this (1+(0,08/4))^4-1 solved? I know it cant be that hard I just dont...

hi how is this (1+(0,08/4))^4-1 solved? I know it cant be that hard I just dont get the right answer please help. If you are an indian using online calculators thinking you are smart dont even bother to answer because you are a miserable little idiot then. If you are going to try and solve this without wasting my questions then please help, otherwise ill report you.

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Answer #1

[1 + (0.08/4)]^4 - 1

First solve, (0.08/4), you will get 0.02
Then add 1 to it, you will get 1.02
Now calculate 1.02^4 b multiplying (1.02) 4 times, you will get 1.08243216 or 1.0824 (rounded off)
Now subtract 1 from it, you will get 0.0824
If you want to convert it into percentage then multiply it will 100, you will get 8.24%

So, [1 + (0.08/4)]^4 - 1 = 0.0824 or 8.24%

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