In Rounding, If the Remainder Beyond the Last Digit Is

question 79

True/False

In rounding, if the remainder beyond the last digit is greater than 1/2, add one to the last digit. If the remainder is less than 1/2, leave the last digit as it is.

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Definitions:

Discount Rate

The rate used in discounted cash flow analysis to determine the present value of future cash flows, reflecting the opportunity cost of capital.

Salvage Value

The estimated residual value of an asset at the end of its useful life, important for calculating depreciation.

Automated Equipment

Machinery that operates with minimal human intervention, often using computer control systems to perform tasks more efficiently.

Attractive Investment

An investment proposition that is deemed desirable due to its potential for significant returns or other beneficial outcomes.