How to find the term independent of x in a binomial expansion

Compare the x terms and equate it to x to the power of zero which is the term independent of x. Extract the powers of x and find the value of r. Since the value of r is a fraction, there is no term in the expansion the has the coefficient of x0 (independent of x). The binomial option pricing model is a risk-free method for estimating the value of path-dependent alternatives. With this model, investors can determine how likely they are to buy or sell at a given price in the future. Subscribe to the channel here: https://youtube.com/@iqinitiative Facebook: https://www.facebook.com/profile.php?id=100075842837411&mibextid=ZbWKwL Tweeter: https://twitter.com/IQ_Initiative?t=bdygiJlluZqa_1CxLEuEJA&s=09