Step 1: Understanding the Concept:
Use \(f(x + \Delta x) \approx f(x) + f'(x)\,\Delta x\) with \(f(x) = x^{1/3}\), taking \(x = 0.008\) and \(\Delta x = -0.001\).
Step 2: Compute:
\(f(0.008) = 0.2\) and \(f'(x) = \frac{1}{3}x^{-2/3}\), so \(f'(0.008) = \frac{1}{3}\cdot\frac{1}{(0.2)^2} = \frac{1}{3\times 0.04} = \frac{25}{3}\).
\[ (0.007)^{1/3} \approx 0.2 + \frac{25}{3}(-0.001) = 0.2 - \frac{1}{120} = \frac{24 - 1}{120} = \frac{23}{120} \]
This is about 0.1917.
Final Answer:
The approximate value is \(\frac{23}{120}\), option (B).
\[ \boxed{\frac{23}{120}} \]