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How much can we round off in exam

Ffurqan.909y ago
Hi John, Apologies if it sounds like a stupid question.But if in an npv question we get revenue of $4,774,500 that is 4.74 million can we round it off to 4775 as its been done in the past exam questions but it seems like too much rounding off millions but problem is if i dont round it then my NPV calculation gets real messy. Thanks, Furqan
John MoffatJohn MoffatTutor9y ago#1
There is no fixed rule, but usually round to the nearest thousand (so 4775).
SSunout9y ago#2
Thanks John =)
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