Answer:
See below. The result using the binomial theorem is 1049.8560 compared with 1049.8573 using a calculator.
Explanation:
Binomial theorem:-
( a + x)^n = a^n + nC1 a^(n-1) x + nC2 a^(n - 2)x^2 + .......
(4 + 0.02)^5 = 4^5 + 5C1* 4^4 *0.02 + 5C2* 4^3* 0.02^2 + 5C3*4^2*0.02^3
+ 5C4 * 4 * 0.02^4 + 0.02^5
= 1024 + 5*4^4*0.02 + 10*4^3*0.02^2 + 10*4^2*0.02^3 + 5*4*0.02^4 + 0.02^5
= 1024 + 25.6 + 0.256 + 0.0000032