Answer:
The simplified form of the given expression is (2x-1).
Step-by-step explanation:
Consider the given expression is
According to the Inverse Properties of In
In the given expression the power of e is (2x-1).
Using the Inverse Properties of In, we get
Therefore, the simplified form of the given expression is (2x-1).
Answer:
0.2109 or 21.09%
Step-by-step explanation:
In order to maintain the same price after two days, the stock must go up (U) on two days and go down (D) on two days, the sample space for this event is:
S={UUDD, UDUD, UDDU, DDUU, DUDU, DUUD}
There are 6 equally likely possible outcomes. The probability that the price of the stock will be the same as it is today is:
The probability is 0.2109 or 21.09%.