Basic College Mathematics (10th Edition)

by Lial, Margaret L.; Salzman, Stanley A.; Hestwood, Diana L.

Published by Pearson

ISBN 10: 0134467795

ISBN 13: 978-0-13446-779-5

Chapter 1 - Whole Numbers - 1.10 Solving Application Problems - 1.10 Exercises - Page 95: 12

Answer

Estimate: $700; Exact: $680

Work Step by Step

To estimate, we round 680,000 to the nearest hundred-thousand (700,000) and we do not need to round 1000. To estimate the money each employee will receive we divide 700,000 / 1000 = 700. To find the exact number, we divide 680,000 / 1000 = 680.

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