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October 22, 2014

October 22, 2014

Posted by **Becky** on Saturday, May 29, 2010 at 2:20pm.

Principal = $900

Rate = 4%

Time in years = 3

Is this correct: 900*0.04=36

36*3=108.00

Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42 rounded to the nearest unit would be 335 or 3350? Im confused?

- Math -
**Ms. Sue**, Saturday, May 29, 2010 at 2:25pmYour first answer is correct. The interest is $108.

Your second answer is 335.

Think of money. $335.42 is just a little more than 335 dollars.

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