10,000 is larger than (1.01)1000000
False
This is similar to the previous problem. We will proceed the same way.
(1.01)1000000=(1+0.01)1000000
(1+0.01)1000000 = 1000000C0 + 1000000C1(0.01)1 + 1000000C2(0.01)2...........
(1+0.01)1000000 = 1 + 1000000(0.01)1 + 1000000C2(0.01)2.....................
(1+0.01)1000000 = 1 + 1000000 + 1000000C2(0.01)2.................
Sum of first two terms is greater than 10,000 and the remaining terms are all
positive.
⇒ (1.01)1000000 is greater than 10,000.