Evaluate Using the Given Value Y=23 , 0(1+0.02/4)^(4*10)

$Y = 23$ , $0 {(1 + \frac{0.02}{4})}^{4 \cdot 10}$

Step 1

Replace the variable $Y$ with $23$ in the expression.

$0 {(1 + \frac{0.02}{4})}^{4 \cdot 10}$

Step 2

Divide $0.02$ by $4$ .

$0 {(1 + 0.005)}^{4 \cdot 10}$

Step 3

Add $1$ and $0.005$ .

$0 \cdot {1.005}^{4 \cdot 10}$

Step 4

Multiply $4$ by $10$ .

$0 \cdot {1.005}^{40}$

Step 5

Raise $1.005$ to the power of $40$ .

$0 \cdot 1.22079423$

Step 6

Multiply $0$ by $1.22079423$ .

$0$