How to calculate ($14,000 / $10,000) ^ (365 / 913) – 1 w/o scientific calculator

[FGCAPITAL]

How to calculate ($14,000 / $10,000) ^ (365 / 913) – 1 w/o scientific calculator

($14,000 / $10,000) ^ (365 / 913) – 1

I do not know what this ^ is, how to calculate that?
And what is the -1 for?

Thanks
Su

 

[mmm4444bot]

… I do not have a scientific calculator

($14,000 / $10,000) ^ (365 / 913) – 1

You can google this expression, to see a decimal approximation. Do not type the dollar signs, spaces, and commas:

(14000/10000)^(365/913)-1

The caret symbol ^ is used to show exponents. In the expression above, the fraction 365/913 is an exponent.

 

[tkhunny]

($14,000 / $10,000) ^ (365 / 913) – 1

I do not know what this ^ is, how to calculate that?
And what is the -1 for?

Thanks
Su

Here's one. https://www.desmos.com/scientific

To clarify, you may wish to write [($14,000 / $10,000) ^ (365 / 913)] – 1
This will give you the imputed interest rate you seek.

 

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