I am stuck on some portfolio work for the International Baccalaureate. In particular I am stuck on two questions.
Do you know the binomial expansion
(x+y)n? It is
(x+y)n = xn + nxn-1y +
(n2)xn-2y2 +
(n3)xn-3y3 + ... +
yn
where (nr)=n!/(r!(n-r)!) and
r!=r(r-1)(r-2)...(3)(2)(1).
So,
(1+x)6=1+6x+15x2+20x3+15x4+6x
5+x6.
Now, set x=0.1, so you can find (1+0.1)6.
So x2=0.01, x3=0.001, etc.
So 6x=0.6, 15x2=0.15, etc.
Add these together to find 1.16.
Hopefully that should give you the idea for the second one as well,
let us know if you still can't do it.