What does rounded to the nearest cent mean

Therefore, we have to round down: the whole number ones place value of Where is the hundredths place in a decimal? Rules for Decimal place values The first digit to the right of decimal point is in the tenths place.

The second digit to the right of decimal point is in the hundredths place. The third digit to the right of decimal point is in the thousandths place. How do you round off decimals? To round off decimals: Find the place value you want the "rounding digit" and look at the digit just to the right of it.

If that digit is less than 5, do not change the rounding digit but drop all digits to the right of it. Therefore, the hundredths value of Are mortgage rates going down in ? Tony B. My original answer was wrong! Please read. Comments below for a correct answer.

Explanation: The nearest cent would be a whole number - so you end up with no numbers after a decimal point. Related questions How do I determine the molecular shape of a molecule? What is the lewis structure for co2? If the rounding number is 5 or more it is rounded up. Step-by-step explanation: After the decimal point, the decimal continues from tenths to hundredths, and to thousandths.

So technically in That means the smallest number rounding up to in the thousands column is Use these examples and explanation to find your answer for your problem. Example: 38 rounded to the nearest ten is If the number you are rounding is followed by 0, 1, 2, 3, or 4, round the number down.

Send email. Login to rate activities and track progress. There are two types of rounding techniques used when rounding money. The first is rounding to the nearest dollar.

The second is rounding to the nearest cent. Rounding to the nearest dollar. Rounding Money Amounts Rounding to the nearest cent: Round down for a dollar amount that has 0 to 49 cents. Round up for dollar amounts that have 50 to 99 cents. Rounding to the nearest cent: Look at the number to the right of the full cents, if the number is five or more, increase the cents by 1. View All.

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