Posted by Taylor on Monday, December 1, 2008 at 4:46pm.
what would $48.50 be rounded to the nearest tenth?

math  Ms. Sue, Monday, December 1, 2008 at 4:47pm
$48.5
Think of fortyeight dollars and five dimes. 
math  Brenna, Monday, December 1, 2008 at 4:56pm
Well, taking the unneeded zero off the end might help you look at it easier.
$48.5

Currently, the 5 is in the tenth place. If you add .1 (one tenth) then it would be $48.6. When rounding, if the number in the tenth place is a 5 or higher, (like it is in this situation) is is going to be rounded to the next tenth. So, we need to do just that.
48.5 rounded to the next tenth is...
*drumroll*
"48.6!"
Now, just add a money sign to the front and zero at the end! :)
Hope this helps!
~Brenna~ 
math  Damon, Monday, December 1, 2008 at 5:02pm
Brenna,
What you just said applies to rounding to the nearest dollar, not the nearest tenth.
In other words the 48.5 leads us to 49 
math  Gabrielle, Monday, December 1, 2008 at 5:29pm
So when 48.5 is rounded it equals 48.6?

math  Ms. Sue, Monday, December 1, 2008 at 5:50pm
No.
48.50 rounded to the nearest tenth is 48.5