anonymous
  • anonymous
how do i round 52200 to the nearest cent
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
schrodinger
  • schrodinger
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
this is the question:Kristi Yang borrowed $10,000. The term of the loan was 60 days, and the annual simple interest rate was 8.7%. Find the simple interest due on the loan. (Round your answer to the nearest cent.)
anonymous
  • anonymous
Since she has the loan for just 60 days, then she has it for 60/365 years. So she pays 60/365 * 8.7% interest. So, to calculate the total interest she needs to pay, you have 60/365 * 0.087 * 10000 this gives an answer of $143.01369863... Round this to the nearest cent gives $143.01
anonymous
  • anonymous
I = Prt I = interst in dollars P = price r = interest rate t = time in years I = (10000)(0.087)(t) Convert 60 days to years. 60 days * (1 year/365 days) = 0.164 year I = (10000)(0.087)(0.164) I = $142.68 I believe the nearest "cent" is two decimal places, so that is what I did

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

anonymous
  • anonymous
yes, 2 decimal places
anonymous
  • anonymous
crap, I typed in the wrong number for the interest
anonymous
  • anonymous
thank you scary door and brinethery it took 143.01 as the answer
anonymous
  • anonymous
Thank you Dockworker
anonymous
  • anonymous
brinethery, you should include the full thing to avoid roundoff error. For example, the 60 days is 0.1643835... of a year. So if you round that off and then use it again to get the final answer, then you'll be introducing unnecessary error. Whereas, in your final calculation you could just use 60/365 instead of 0.164, and it will be more accurate.
anonymous
  • anonymous
lol that's the user name for that person i just copied and pasted it :)
anonymous
  • anonymous
uhh these round up questions are just so confusing to me :(

Looking for something else?

Not the answer you are looking for? Search for more explanations.