follow principles of estimation to find an approximate value.
round each number so that there is one nonzero digit
do not find the exact value
Estimate of 34% of $45,907.53
is this correct? = 34% of $45,000?
thanks in advance

Question

follow principles of estimation to find an approximate value.
round each number so that there is one nonzero digit
do not find the exact value
Estimate of 34% of $45,907.53
is this correct?  = 34% of $45,000? 
thanks in advance

tkhunny · Answer

I would do this.
34% is about 1/3, a hair more.
45907.53 is about 45000, a hair more.
1/3 of 45000 is 15000, a little higher.