To write the approximate price of $3,100,000 in scientific notation, you first express it as a number between 1 and 10 multiplied by a power of 10.
- The number 3,100,000 can be written as 3.1 (moving the decimal point 6 places to the left).
- Since we moved the decimal point 6 places, we multiply by \(10^6\).
So, in scientific notation, $3,100,000 can be expressed as:
\[ 3.1 \times 10^6 \]