### Instruction: Rounded to three decimal places, 1.003^4 =
Answer Choices: (A) 1.004 (B) 1.006 (C) 1.008 (D) 1.012 (E) 1.016.### Response: Let's think about the multi-choice question.
As compared to 1, 0.003 is a very small quantity. Thus, we can write (1+0.003)^4 is nearly equal to (1+4*0.003) = 1.012.As the question asks for approximation to three decimal places, the further terms will anyways not come into picture.
D.