If a final result of the order of five million dollars is to be accurate to the
Question:
If a final result of the order of five million dollars is to be accurate to the nearest dollar, what minimum number of figures must be retained in the calculations?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
The key concept here is significant digits and truncation errorsTo achieve accurate results near fiv...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions

If a final result of the order of $5 million is to be accurate to the nearest dollar, what minimum number of figures must be retained in the calculations? A) 6 B) 7 C) 8

The Crazy Eddie fraud may appear smaller and gentler than the massive billiondollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

For a final result of approximately $7000 to be accurate to the cent, what minimum number of figures must be retained in the values used in the calculations? A) 6 B) 7 C) 8

Devils Tower National Monument in Wyoming became America's first national monument in 1906. This rock formation has a height of 867 feet and is a popular climbing site. It was also used as the alien...

A capacitor C, which may be considered to be lossfree, is connected with an inductor to form a closed loop. The inductor behaves as a pure inductance L in series with a resistor R. If, when the...

Is there any specific accounting regulations and requirements for SMEs in Oman?

StatCrunch was used to fit the complete secondorder model E1y2 = b0 + b1x1 + b2x2 + b3x1x2 + b4x1 2 + b5x2 2 to n = 39 data points. The printout is shown below a. Is there sufficient evidence to...

The following data represent tonnes of wheat harvested each year (18941925) from Plot 19 at the Rothamsted Agricultural Experiment Stations, England. (a) Multiply each data value by 100 to "clear"...

Return on equity computations are used in evaluating: Multiple Choice O O Liquidity. Profitability. Gross profit. Whether a ratio is improving or deteriorating over time

For this last project, you must implement two Java classes. One will be a "Player'' class, which will "simulate" a game player profile, and the other will be a driver program which allows two...

For a final result of approximately $7000 to be accurate to the cent, what minimum number of figures must be retained in the values used in the calculations?

If an interest rate (which could be greater than 10%) is to be calculated to the nearest 0.01%, what minimum number of digits must be retained in the numbers used to calculate the interest rate?

Comprehensive Budget; Fill in Schedules Following is certain information relative to the position and business of the Newport Store: Current assets as of Sept. 30: Cash on deposit $ 12,000 Inventory...

Design an arithmetic circuit with two selection variables S 1 and S 0 and two n bit data inputs A and B. The circuit generates the following eight arithmetic operations in conjunction with carry C...

Larrys Sporting Goods is a locally owned store that specializes in printing team jerseys. The majority of its business comes from orders for various local teams and organizations. While Larrys prints...

Pecos Pecan Pads makes pressed pecan wood covers to prevent weed growth. During July 2009, the company produced and sold 44,000 rolls and recorded the following cost data: Requirements 1. Compute the...

The Human Resources departments costs are allocated to the other departments based on the number of direct labor hours. The departments expected fixed costs are 400,000 and its variable costs are...

A lawyer allocates overhead costs based on her hours working with different clients. The lawyer expects to have \($200,000\) in overhead during the year and expects to work on clients cases 2,000...

What are noncurrent liabilities?

Chris Zulliger was a chef at the Plaza Restaurant in the Snowbird Ski Resort in Utah. The restaurant is located at the base of a mountain. As a chef for the Plaza, Zulliger was instructed by his...

Knowledge of technical issues such as computer technology is a necessary but not sufficient condition to becoming a successful management accountant. Do you agree why?

As a new controller, reply to this comment by a plant manager; As I see it, out accountants may be needed to keep records for shareholders and Uncle Sam, but I dont want them sticking their noses in...

As used in accounting, what do IMA and CMA stand for?

Industry Current Year Minus 1 Current Year Minus 2 Company: Air Products and Chemicals, Inc. (APD) Stock Price: 306.72 USD Shares Outstanding: 220.89 M Financial Ratios Most Current Year Current...

Assume the market portfolio of common stocks earned 14.1 percent in one year while U.S. Treasury bills earned 4.4 percent and inflation averaged 4.6 percent. What was the market risk premium?

A bank quotes you an interest rate of 9 . 5 % per annum with quarterly compounding. What is the equivalent rate with continuous compounding?
Study smarter with the SolutionInn App