Question

Corey calculates how long it will take to earn his first million dollars if he earns an average gross pay of $890.00 bi-weekly. He rounds his answer to 44 years. Is Corey's answer viable?

A. Yes, Corey needs to round the years up to the nearest whole number to show the time required to earn the full million dollars.
B. Yes, Corey can use traditional rounding rules to show the time required to earn the full million dollars.
C. No, Corey would need to round down to show the time required to earn the full million dollars.
D. Not enough information to determine viability.

Answer 1

The answer is A. Yes, Corey needs to round the years up to the nearest whole number to show the time required to earn the full million dollars.

Step-by-step explanation:

The answer to the question is A. Yes, Corey needs to round the years up to the nearest whole number to show the time required to earn the full million dollars.

In Corey's case, he earned an average gross pay of $890.00 bi-weekly.

To calculate the number of years it will take for Corey to earn his first million dollars, we divide $1,000,000 by $890.00:

$1,000,000 / $890.00 = 1,123.6 weeks

Since Corey rounds his answer to 44 years, it means he rounded 1,123.6 weeks to the nearest whole number.

Therefore, Corey's answer is viable because rounding up to the nearest whole number is the correct way to show the time required to earn the full million dollars.