Multiple choice Find approximate value of $(0.99)^{\frac{2}{3}}$. $0.9949$ $0.9983$ $0.9933$ $0.9911$ Reveal answer Fill a bubble to check yourself C Correct answer Explanation Using binomial approximation (1-x)^n is approximately 1-nx for small x. (1-0.01)^(2/3) is approximately 1 - (2/3)*0.01 = 1 - 0.00666 = 0.99333.