Use the Appropriate Rounding Rule to Answer the Question with the Correct

question 2

Multiple Choice

Use the appropriate rounding rule to answer the question with the correct precision or correct number of significantdigits.
-The average amount spent on food last year by the residents of your town was $3300 per person. The population of your town is 41,790. What was the total amount spent on food last year by the
Residents of your town?

• A)$137,900,000
• B)$140,000,000
• C)$138,000,000
• D)$137,907,000

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Definitions:

Investor Sentiment

The overall attitude of investors towards a particular security or financial market, which can influence trading decisions and market movements.

Efficient Frontier

The efficient frontier is a concept in modern portfolio theory representing those portfolios that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return.

Minimum Risk Portfolios

Investment strategies that aim to minimize the overall risk of a portfolio through diversification and asset allocation.

Expected Returns

The anticipated profit or loss from an investment over a specific period.