## What is actual time and approximate time?

Actual Time.

The time of a loan or investment that is obtained by counting the *actual number of days* between the origin date and the maturity date based on a Julian calendar.

Only $2.99/month.

Approximate Time.

Same manner as the actual time but on the assumption that each month has 30 days..

## How do you use approximate?

Approximate in a Sentence 🔉Because Jack did not want to place an exact figure on how much he was willing to spend, I asked him for an approximate ball park figure. … Though I won’t know the actual cost of repair until I order the parts, the approximate cost to fix your car engine is $900.More items…

## What is the meaning of approximate value?

An approximate value by defect of a number is a value that is close to this number, less than it, as close as possible, and with a requested level of precision.

## What is an example of approximate?

Not exact, but close enough to be used. Examples: the cord measures 2.91, and you round it to “3”, as that is good enough.

## What is an approximate answer?

Far better an approximate answer to the right question, which is often vague, than an exact answer to the wrong question, which can always be made precise.

## What is the mean of approximate?

adjective. near or approaching a certain state, condition, goal, or standard. nearly exact; not perfectly accurate or correct: The approximate time was 10 o’clock. near; close together. very similar; nearly identical.