Skip to main content
Ch. 3 - Derivatives
Hass - Thomas' Calculus 15th Edition
Hass15th EditionThomas' CalculusISBN: 9780137616077Not the one you use?Change textbook
Chapter 3, Problem 3.9.15a

Faster than a calculator Use the approximation (1 + x)ᵏ ≈ 1 + kx to estimate the following.


a. (1.0002)⁵⁰

Verified step by step guidance
1
Identify the expression to approximate: (1.0002)⁵⁰. Here, we can see that x = 0.0002 and k = 50.
Recognize that the approximation (1 + x)ᵏ ≈ 1 + kx is useful when x is small, which is the case here.
Substitute the values of x and k into the approximation formula: 1 + kx = 1 + 50 * 0.0002.
Calculate the product kx: 50 * 0.0002 = 0.01.
Add the result to 1 to complete the approximation: 1 + 0.01.

Verified video answer for a similar problem:

This video solution was recommended by our tutors as helpful for the problem above.
Video duration:
1m
Was this helpful?

Key Concepts

Here are the essential concepts you must grasp in order to answer the question correctly.

Binomial Approximation

The binomial approximation (1 + x)ᵏ ≈ 1 + kx is a simplification used when x is small and k is a constant. It allows for quick estimates of expressions raised to a power without complex calculations. This approximation is derived from the binomial theorem and is particularly useful for small perturbations around 1.
Recommended video:
04:57
Determining Error and Relative Error

Small x Assumption

The small x assumption is crucial for the validity of the binomial approximation. It implies that x is close to zero, making higher-order terms in the binomial expansion negligible. This assumption simplifies calculations and is often used in physics and engineering to approximate values efficiently.
Recommended video:
03:39
Integrals of Natural Exponential Functions (e^x)

Exponentiation

Exponentiation is the mathematical operation involving numbers raised to a power, denoted as (1 + x)ᵏ. Understanding how to manipulate and approximate powers is essential in calculus, especially when dealing with series expansions and approximations. It forms the basis for many calculus concepts, including derivatives and integrals.
Recommended video:
6:13
Exponential Functions