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Answer :
We want to find 1% of each given amount and then round the result to the nearest \[tex]$0.05. Below is a step-by-step explanation:
1. Calculate 1% of the amount by multiplying by 0.01.
- For \$[/tex]268:
[tex]$$1\%\ \mbox{of}\ 268 = 268 \times 0.01 = 2.68$$[/tex]
- For \[tex]$713:
$[/tex][tex]$1\%\ \mbox{of}\ 713 = 713 \times 0.01 = 7.13$[/tex][tex]$
- For \$[/tex]573:
[tex]$$1\%\ \mbox{of}\ 573 = 573 \times 0.01 = 5.73$$[/tex]
- For \[tex]$604:
$[/tex][tex]$1\%\ \mbox{of}\ 604 = 604 \times 0.01 = 6.04$[/tex][tex]$
2. To round to the nearest \$[/tex]0.05, divide each result by 0.05, round to the nearest whole number, and multiply back by 0.05.
- For \[tex]$2.68:
Divide:
$[/tex][tex]$\frac{2.68}{0.05} = 53.6$[/tex][tex]$
Round 53.6 to 54.
Multiply back:
$[/tex][tex]$54 \times 0.05 = 2.70$[/tex][tex]$
- For \$[/tex]7.13:
Divide:
[tex]$$\frac{7.13}{0.05} = 142.6$$[/tex]
Round 142.6 to 143.
Multiply back:
[tex]$$143 \times 0.05 = 7.15$$[/tex]
- For \[tex]$5.73:
Divide:
$[/tex][tex]$\frac{5.73}{0.05} = 114.6$[/tex][tex]$
Round 114.6 to 115.
Multiply back:
$[/tex][tex]$115 \times 0.05 = 5.75$[/tex][tex]$
- For \$[/tex]6.04:
Divide:
[tex]$$\frac{6.04}{0.05} = 120.8$$[/tex]
Round 120.8 to 121.
Multiply back:
[tex]$$121 \times 0.05 = 6.05$$[/tex]
Thus, the final rounded values are:
- For \[tex]$268: \$[/tex]2.70
- For \[tex]$713: \$[/tex]7.15
- For \[tex]$573: \$[/tex]5.75
- For \[tex]$604: \$[/tex]6.05
1. Calculate 1% of the amount by multiplying by 0.01.
- For \$[/tex]268:
[tex]$$1\%\ \mbox{of}\ 268 = 268 \times 0.01 = 2.68$$[/tex]
- For \[tex]$713:
$[/tex][tex]$1\%\ \mbox{of}\ 713 = 713 \times 0.01 = 7.13$[/tex][tex]$
- For \$[/tex]573:
[tex]$$1\%\ \mbox{of}\ 573 = 573 \times 0.01 = 5.73$$[/tex]
- For \[tex]$604:
$[/tex][tex]$1\%\ \mbox{of}\ 604 = 604 \times 0.01 = 6.04$[/tex][tex]$
2. To round to the nearest \$[/tex]0.05, divide each result by 0.05, round to the nearest whole number, and multiply back by 0.05.
- For \[tex]$2.68:
Divide:
$[/tex][tex]$\frac{2.68}{0.05} = 53.6$[/tex][tex]$
Round 53.6 to 54.
Multiply back:
$[/tex][tex]$54 \times 0.05 = 2.70$[/tex][tex]$
- For \$[/tex]7.13:
Divide:
[tex]$$\frac{7.13}{0.05} = 142.6$$[/tex]
Round 142.6 to 143.
Multiply back:
[tex]$$143 \times 0.05 = 7.15$$[/tex]
- For \[tex]$5.73:
Divide:
$[/tex][tex]$\frac{5.73}{0.05} = 114.6$[/tex][tex]$
Round 114.6 to 115.
Multiply back:
$[/tex][tex]$115 \times 0.05 = 5.75$[/tex][tex]$
- For \$[/tex]6.04:
Divide:
[tex]$$\frac{6.04}{0.05} = 120.8$$[/tex]
Round 120.8 to 121.
Multiply back:
[tex]$$121 \times 0.05 = 6.05$$[/tex]
Thus, the final rounded values are:
- For \[tex]$268: \$[/tex]2.70
- For \[tex]$713: \$[/tex]7.15
- For \[tex]$573: \$[/tex]5.75
- For \[tex]$604: \$[/tex]6.05
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