Problem

A bank account balance should be $\$0$ after $\text{all}~\text{purchases}$ clear. $\text{One}~\text{app}$ estimates $\$1.75$, while another estimates $-\$2.10$. Calculate $\text{both}~\text{absolute}~\text{errors}$ and determine the estimate closer to the correct balance.

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The -$2.10 estimate is closer to the correct balance because negative balances are closer to $0 than positive balances.

The $1.75 estimate is closer to the correct balance, and the error sizes are $1.75 and $0.35.

Both estimates are equally close to the correct balance because one is above $0 and one is below $0.

The $1.75 estimate is closer to the correct balance; the error sizes are $1.75 and $2.10.

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