rounded to 3 decimal places , 1.003 ^ 4 =	Choose the correct choice from the following answers:
A) 1.004  B) 1.006  C) 1.008  D) 1.012  E) 1.016

Rationale: 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 .
Answer: D