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Use the binomial theorem to evaluate the following upto four places of decimals. (0.98)^-3

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Use the binomial theorem to evaluate the following upto four places of decimals.

(0.98)-3

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(0.98)-3

 = (1 - 0.02)-3

 = 1 + 0.06 + 0.0024 + 0.00008 + ...

 = 1.06248

 = 1.0625

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