Step 1 :The problem is asking for the change in y, denoted as \(\Delta y\), for the function \(y=f(x)=4x^3\) at \(x=5\) with a small change in x, denoted as \(\Delta x\), of 0.02.
Step 2 :To find \(\Delta y\), we can use the formula for the derivative of a function, which gives us the rate of change of the function at a given point. The derivative of \(f(x)=4x^3\) is \(f'(x)=12x^2\).
Step 3 :We can then use this derivative to find the approximate change in y for a small change in x, using the formula \(\Delta y \approx f'(x) * \Delta x\).
Step 4 :So, we need to calculate \(f'(5) * 0.02\).
Step 5 :The calculation gives us the value of \(\Delta y\) as 6.0. This is the approximate change in y for a small change in x of 0.02 at the point \(x=5\) on the function \(y=f(x)=4x^3\).
Step 6 :Final Answer: \(\boxed{6.0}\)