0
To calculate an approximate value for, say 99.55, you could first rewrite it as
1005*(1-0.005)5
and then use the binomial expansion of the first three terms of (1-0.005)5 to get a pretty good approximation - accurate to 1.2 parts in a million!
You can calculate the first three terms without a computer if you know your basic times tables.
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What is a binominal theorem?
The binomial theorem describes the algebraic expansion of powers of a binomial, hence it is referred to as binomial expansion.
What is The expansion of a binomial that involves a coefficient found by combinations?
Binomial Theorum
What is a binomial coefficient?
A binomial coefficient is a coefficient of any of the terms in the expansion of the binomial (x+y)^n.
What is meant by the first two non-zero terms in an binomial expansion?
The first two terms in a binomial expansion that aren't 0
What does an binomial expansion do?
Binomial Expansion makes it easier to solve an equation. It brings an equation of something raised to a power down to a solveable equation without parentheses.
