How Many Significant Figures Should Be Reported in the Answer

question 89

Multiple Choice

How many significant figures should be reported in the answer to the following calculation? (4.921) + (16.2) =

• A)3
• B)2
• C)1
• D)4
• E)none of the above

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Definitions:

Speculative

Involving financial transactions with a high risk of loss but also the potential for significant gains, often based on future expectations.

Coupon Interest Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value.

Market Interest Rate

The prevailing rate of interest available in the market on loans, bonds, and other financial instruments.

Semi-Annual

Occurring twice a year, typically every six months.