Chapter 1.5, Problem 8PPS

To determine

To find: the place where the rounding occur and the rounded answer.

Answer to Problem 8PPS

The rounded answeris $\$15.857$ .

Explanation of Solution

Given information:

S wants to divide $111 in 7 ways.

Calculation:

Consider the given amount,

  $\$111$

Divide the amount by 7 as shown:

  $\frac{\$111}{7}=\mathrm{15.8571...}$

So, decimal expression continues infinitely.

For a rigid answer need to rounded the expression as shown:

  $\mathrm{15.8571...}\approx 15.857$

Here, the answer is rounded to three decimal places and rounded answer is $\$15.857$ .