89. A company intended to issue a payment of €3.45 million but due to a decimal point error, the amount was processed as €345,000. How much did they actually underpay?
Key Concept: Decimal Notation in Financial Transactions
b) €3,105,000
[Solution Description] The intended payment was €3.45 million, which can be expressed as €3,450,000. Due to an error, it was processed as €345,000. To find the underpayment:
$\text{Underpayment} = 3,450,000 - 345,000 = 3,105,000$
Therefore, the company underpaid by €3,105,000.
Your Answer is correct.
b) €3,105,000
[Solution Description] The intended payment was €3.45 million, which can be expressed as €3,450,000. Due to an error, it was processed as €345,000. To find the underpayment:
$\text{Underpayment} = 3,450,000 - 345,000 = 3,105,000$
Therefore, the company underpaid by €3,105,000.