Step 1: Approximate the function using the first derivative.
We are given the function \( f(x) = x^3 - 3x + 5 \). We approximate \( f(1.99) \) by using a linear approximation:
\[
f(x) \approx f(a) + f'(a)(x - a)
\]
where \( a = 2 \). First, calculate \( f'(x) \):
\[
f'(x) = 3x^2 - 3.
\]
Then, evaluate \( f(2) \) and \( f'(2) \):
\[
f(2) = 2^3 - 3(2) + 5 = 8 - 6 + 5 = 7,
\]
\[
f'(2) = 3(2^2) - 3 = 12 - 3 = 9.
\]
Now, use the linear approximation to estimate \( f(1.99) \):
\[
f(1.99) \approx 7 + 9(1.99 - 2) = 7 + 9(-0.01) = 7 - 0.09 = 6.91.
\]
Step 2: Conclusion.
Thus, the approximate value of \( f(1.99) \) is 6.91, which makes option (A) the correct answer.