Rounding numbers can be very helpful when trying to solve math problems, especially if you are trying to add, subtract, multiply, or divide a very large number. Imagine trying to manually solve this problem:
It would be a nightmare!
But, if you were to round this number to the nearest hundred thousand your math problem becomes much less complicated:
Much easier, right? However rounding numbers may not always be to your benefit. Take the example of 60,499,999.00 being in dollars which are going to be split between two people. BUT, the number is to be rounded to the nearest million. Your share was just cut by nearly $250,000. And if the original dollar amount was a dollar or two more, you would receive an additional $250,000.00!