Quote by Alexander John Ellis
Rounding to the nearest cent is sufficiently accurate for practical purposes.
Summary
This quote suggests that when dealing with money and financial calculations, rounding to the nearest cent is acceptable and reliable enough for everyday use. While it may not provide exact precision, for practical purposes like shopping, budgeting, or tracking expenses, rounding serves as an efficient and effective method. Instead of dealing with fractional values, rounding to the nearest cent simplifies calculations and can easily provide a close estimation of the actual amount without significantly affecting the overall accuracy of the final result.
Topics
Finance
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