It costs $3.68 for a pack of 16 pencils.
Find the unit price in dollars per pencil.
If necessary, round your answer to the nearest cent.
To find the unit price in dollars per pencil, we need to divide the cost of the pack of pencils by the number of pencils in the pack.
Unit price = Cost ÷ Quantity
Unit price = $3.68 ÷ 16
Unit price = $0.23
Therefore, the unit price in dollars per pencil is $0.23.