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 $603 per month for 6 years. Estimate the total cost of the lease by rounding the monthly payment to the nearest hundred. The estimate of the total cost of the lease is approximately $ (Round to the nearest hundred as needed.) The actual total cost of the lease is $ How reasonable is your estimate when compared to the actual answer? Select the correct answer below and fill in the answer box to complete your choice. OA. The estimate is a little lower than the actual result. The difference is $ OB. The estimate is a little higher than the actual result. The difference is $

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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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?
1
You lease a car at $603 per month for 6 years. Estimate the total cost of the lease by rounding the monthly payment to the nearest hundred.
The estimate of the total cost of the lease is approximately $
(Round to the nearest hundred as needed.).
The actual total cost of the lease is $
How reasonable is your estimate when compared to the actual answer? Select the correct answer below and fill in the answer box to complete your choice.
OA. The estimate is a little lower than the actual result. The difference is $
OB. The estimate is a little higher than the actual result. The difference is t
Transcribed Image Text: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? 1 You lease a car at $603 per month for 6 years. Estimate the total cost of the lease by rounding the monthly payment to the nearest hundred. The estimate of the total cost of the lease is approximately $ (Round to the nearest hundred as needed.). The actual total cost of the lease is $ How reasonable is your estimate when compared to the actual answer? Select the correct answer below and fill in the answer box to complete your choice. OA. The estimate is a little lower than the actual result. The difference is $ OB. The estimate is a little higher than the actual result. The difference is t
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