Rounded to three decimal places, 1.004^4 =
Choose the correct answer.
A) 1.004	B) 1.006	C) 1.008	D) 1.012	E) 1.016
As compared to 1, 0.004 is a very small quantity. Thus, we can write (1+0.004)^4 is nearly equal to (1+4*0.004) = 1.016.As the question asks for approximation to three decimal places, the further terms will anyways not come into picture.   1.016.
<result>E</result>
Rounded to three decimal places, 1.004^4 =