To calculate this expression, we need to follow the order of operations.
First, we calculate the term inside the parentheses: 1 + 0.05/1 = 1.05
Then, we multiply this result by 28,000: 28,000 * 1.05 = 29,400
Finally, we multiply this result by 1*40: 29,400 * 40 = 1,176,000
So, 28,000(1+ 0.05/1) 1*40 = 1,176,000.
28,000(1+ 0.05/1) 1*40
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