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Author Question: Divide; round off monetary quotients to the nearest cent; round non-monetary quotients to four ... (Read 127 times)

FButt

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on: Jun 24, 2018
Divide; round off monetary quotients to the nearest cent; round non-monetary quotients to four decimal places.
 a. 12.6  0.692 b. 627.17  1.7 c. 12.25  40

Question 2

When she got married, Lannie Ferguson left all of her personal savings in her own credit union account, which was paying 6 compounded quarterly. Six years later, the same account had increased to 26,871.62 . Compute the amount that was in the account when Lannie got married. She made no additional deposits into the account. (Use Tables 16-1A&B or 16-2A&B or a calculator.)


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CourtneyCNorton

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 18.2081
b. 368.9235
c. 0.31

Answer to Question 2

0.06  4 = 0.015; 4  6 = 24;

26,871.62  0.69954 = 18,797.77 in account


FButt

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

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Reply 3 on: Yesterday
Excellent

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