Multiply the numerator by the reciprocal of the denominator.

Divide by .

Add and .

Multiply by .

Raise to the power of .

Subtract from .

Cancel the common factor of .

Factor out of .

Cancel the common factor.

Rewrite the expression.

Multiply.

Multiply by .

Multiply by .

Evaluate (30((1+0.055/12)^(12*37)-1))/(0.055/12)