Because N Is an Integer and We Want the Bound

question 128

Short Answer

Because n is an integer and we want the bound on the error of estimation to be no more than a given amount,any non-integer value found for n must always be rounded ____________________.

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Definitions:

Straight Line Amortization

A method of allocating the cost of an intangible asset over its useful life in equal installments.

Equity Method

An accounting technique used to record investments in which the investor has significant influence, but not control, over the investee.

Bonds Payable

A financial accounting term used to describe the outstanding debts owed by a company through issuing bonds.

Equity Method

A method of accounting for investments in which the investing company records the investment at original cost and subsequently adjusts the carrying amount to reflect its share of the net profits or losses of the investee.