Simplify:`(2358(1+0.07 times 193/365))/(1+0.055times 364/365)` round to 2 decimal places. 2358(1+0.07x193/365)/1+0.055x364/365

Expert Answers
durbanville eNotes educator| Certified Educator

To simplify: `(2358(1+0.07 times 193/365))/(1+0.055 times 364/365)`

The order in which each operation is performed is very important. The contents of the brackets must be done first and within the bracket the multiplication must be done before adding 1:

 `therefore = (2358(1+ 0.037013698))/(1+0.054849315)`

`therefore = 2445.278301/1.054849315`

= 2 318.130435

Ans: 

`(2358(1+0.07 times193/365))/(1+0.055 times 364/365) `

= 2318.13 (rounded off to 2 decimal places)

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