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Professional Notation for Rounded Budget Estimates
In a budget summary, a department head rounds an exact project cost of $24,991.15 to $25,000 to make the figure more manageable for an executive presentation. To show that these two values are close but not exactly equal, the head uses the symbol ≈. What is the formal name of this symbol, and how is it read when communicating the data verbally in a meeting?
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