When calculating hourly rate, how do you round up the number?

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    David Kaplan

    Chia,

    The ARE exam will tell you how to round up should you ever be presented with a question that employs decimals.  It will usually say "round up to the nearest two decimal places" or something like that.  Should be clear when you get these questions.  Hope that helps.

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    CHIA-YI HUANG

    Thank you David! Yes that definitely helps.

    I was confused earlier because even in resource like black spectacle, it has this kind of question “what is the hourly billing rate” and the answer was simply $86 in this case. That’s why I was wondering if the real exam would have the same style. Thanks!

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    CHIA-YI HUANG

    Update: I emailed black spectacle about my question and they said they’ll specify “round up” in the future and so the answer is going to be $87 in this case. Thanks.

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    Ethan Warren

    I had a similar case on my PjM test a few days ago. It said to round to the nearest whole number and my math just so happened to come up to 55.125 or something less than xx.5. I personally thought it should have been rounded up to 56 but I think this is one of those types of questions you have to read every word and give the answer just how they're asking. I rounded down to 55.

    I guess I could have got this question wrong, only NCARB knows.

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    CHIA-YI HUANG

    Thank you Ethan! Totally agreed about “read every word and give the answer just how they are asking “.

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