Try it out for yourself with a simple function, f(x) = x2, near the point (1, 1).
Near x0 = 1, df = f'(1) * dx
If we look at x = 1.1 = 1 + 0.1 = x0 + Δx,
df = f(x0 + Δx) - f(x0) ≈ f'(x0) * Δx
Compare the exact change in f (df) given by the difference above, to the approximation given by the product shown above. They should be fairly close.
You can use the same idea to approximate a function value, given that you know the value of the function at some point, and the value of the derivative at the same point.
f(x0 + Δx) ≈ f(x0) + f'(x0) * Δx
This is really nothing more than the first two terms of the Taylor's series for the function, around x0.