Course Solutions Uncategorized (Answered) : When performing business mathematics, we should keep up to two decimal places at all times. True or False?

(Answered) : When performing business mathematics, we should keep up to two decimal places at all times. True or False?

June 27, 2024| admin| 0 Comment| 7:44 pm

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When performing business mathematics, we should keep up to two decimal places at all times.

True or False?

Expert Answer

It’s False, as it is not necessary to have up to only two decimal places at all times. You can have upto whatever times you need a decimal place so as to have the accuracy and need of the particular question. But at the same time it is said to have atleast upto 2 decimal place so as to have more accurate answer.

Let me make you understand by an example. If you raise 0.99 to the power of 365 you

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(Answered) : When performing business mathematics, we should keep up to two decimal places at all times. True or False?

Expert Answer

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