Philip P. answered 09/14/15
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In front end estimation of sum you add only the first digit of the numbers. The other digits are replaced by zeros.
$2.32 + $3.98 + $0.74
≈ $2.00 + $3.00 + $0.70
≈ $5.70
The exact answer is $7.04, so our estimate of $5.70 is a bit low, Front end estimates will always be less than the actual sum because we round everything down.