1+ kr is commonly used by engineers for quick calculations. The approximation (1+z) (a) Derive this result and use it to make a rough estimate of (1.001)4¹ (1.001) 4¹ Enter value to 6 decimal places (b) The error between the computed and estimated values of (1+z)* is given by: Using your answer to part (a) compute E(1.001) to 6 decimal places. E(1.001) = E(2)(1+z)(1+ka)|

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