1. The problem is to simplify the expression $$7000\left(1-\left[\frac{1+0.12}{1+0.15}\right]^{\frac{9}{0.15-0.12}}\right)$$.
2. First, calculate the base inside the brackets: $$\frac{1+0.12}{1+0.15} = \frac{1.12}{1.15} \approx 0.9739$$.
3. Next, calculate the exponent denominator: $$0.15 - 0.12 = 0.03$$.
4. The exponent is then $$\frac{9}{0.03} = 300$$.
5. Raise the base to the power of the exponent: $$0.9739^{300}$$.
6. Calculate $$0.9739^{300}$$ using logarithms or a calculator:
$$\ln(0.9739) \approx -0.0264$$
$$-0.0264 \times 300 = -7.92$$
$$e^{-7.92} \approx 0.00036$$.
7. Substitute back into the expression:
$$7000 \times (1 - 0.00036) = 7000 \times 0.99964 = 6997.48$$.
8. Final answer: $$\boxed{6997.48}$$.
This means the value of the original expression is approximately 6997.48.
Expression Simplification 6681C3
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