Answer
Estimate: $200; Exact: $185
Work Step by Step
To estimate, we round the individual costs and the value package cost ($785 to $800), add the individual costs together, and then subtract the value package cost to get the amount saved: (300 + 100 + 400 + 200) - 800 = 1000 - 800 = 200. To find the exact amount saved, we add the actual individual costs and subtract the actual value package cost: (299 + 67 + 395 + 209) - 785 = 185.