p=(1+.08/12)raised to 12*7 what is p?
p =(1+.08/12)raised to 12*7
p = (1+.08/12)^84 ≈ 1.7474
p = ((1+0.08)/12)^(12*7)
p = 0.
OR
p = (1+(0.08/12))^(12*7)
p = 1.7474220514295052.
Remember, parentheses are important and can change answers dramatically!