Determine the following estimate without using a calculator. Then use a calculator to perform the computation necessary to obtain an exact answer. How reasonable is your estimate when compared to the actual answer?

You lease a car at $403 per month for 5 years. Estimate the total cost of the lease by rounding the monthly payment to the nearest hundred.

and what is the actual total cost of the lease

skye25 Sep 2, 2019

#1**+4 **

So you round 403 to the nearest hundred, getting 400.

Then to find the total cost you multiply 400 by 60. Because there are 12 months in a year for 5 years, so 5 * 12 = 60.

You get 24000

Ok that is your estimate

Then the calculator time.

403 * 60 = 24180

You are 180 off.

Now i let u answer the question: Were you reasonable in your estimate?

CalculatorUser Sep 2, 2019

#1**+4 **

Best Answer

So you round 403 to the nearest hundred, getting 400.

Then to find the total cost you multiply 400 by 60. Because there are 12 months in a year for 5 years, so 5 * 12 = 60.

You get 24000

Ok that is your estimate

Then the calculator time.

403 * 60 = 24180

You are 180 off.

Now i let u answer the question: Were you reasonable in your estimate?

CalculatorUser Sep 2, 2019