All the numbers are multiplied by 2 or doubled.
So the missing number after 2 is 4.
After 16 is 32.
Given:
The expression: (1 + x)^n
The Binomial Theorem is used to predict the products of a binomial raised to a certain power, n, without multiplying the terms one by one.
The following formula is used:
(a + b)^n = nCk * a^(n-k) * b^k
we have (1 +x)^n,
where a = 1
b = x
let n = 4
First term, k = 1
4C1 = 4
first term: 4*(1^(4-1))*x^1
Therefore, the first term is 4x. Do the same for the next three terms.
2nd term: k =2
3rd term: k = 3
4th term: k = 4
<span />
Interest rate is 5% annually. After 4 years relative value of interest will be 1.05^4
Now we multiply that with starting funds and get
4000* 1.05^4 = 4862.03
