In most cases, a private company is owned by the company's founders, management, or a group of private investors. A public company is a company that has sold all or a portion of itself to the public via an initial public offering.
Answer:
Approximate of error = 11.11 % (Approx.)
Step-by-step explanation:
Given:
Exact value = 50
Approximate value = 45
Find:
Approximate of error
Computation:
Approximate of error = [(Exact value - Approximate value)/Approximate value]100
Approximate of error = [(50 - 45)/45]100
Approximate of error = [(5)/45]100
Approximate of error = [0.11111]100
Approximate of error = 11.11 % (Approx.)
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C. Both can be used to withdraw money from ATMs.