Question

Evaluate to 2 decimal places: 400(1 + 0.10 × 100/365)

Answer 1

SOLUTION

Evaluate to 2 decimal places

$\displaystyle \sf{400 \bigg( 1 + 0.10 \times \frac{100}{365} \bigg)}$

EVALUATION

$\displaystyle \sf{400 \bigg( 1 + 0.10 \times \frac{100}{365} \bigg)}$

$\displaystyle \sf{ = 400 \bigg( 1 + \frac{10}{100} \times \frac{100}{365} \bigg)}$

$\displaystyle \sf{ = 400 \bigg( 1 + \frac{10}{365} \bigg)}$

= 400 × ( 1 + 0.02739726)

= 400 × 1.02739726

= 410.958904

≈ 410.96 ( Correct upto 2 decimal places )

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