Calculate .
Answer ...
An item costs $24 when rounded off to the nearest dollar.
What is the maximum possible price of the item?
Answer $...
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Worked solution
1(a)
1. Calculate the value of the numerical expression
To 3 significant figures,
Answer
1(b)
1. Find the greatest price that would round to \$24 to the nearest dollar
A price that rounds to $24 to the nearest dollar satisfies
Since money is stated to the nearest cent, the maximum possible price is
Answer
$24.49
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