Find the exact difference.

$5.03 – $3.30 =
(1 point)
Responses

$1.67
$1.67

$1.63
$1.63

$1.73
$1.73

$1.83
$1.83
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$5.03 – $3.30 = $1.73

To find the exact difference between $5.03 and $3.30, you subtract $3.30 from $5.03.

$5.03 - $3.30 = $1.73

So, the exact difference is $1.73.

To find the exact difference between $5.03 and $3.30, you need to subtract $3.30 from $5.03.

First, subtract the cents portion: $0.03 - $0.30 = -$0.27.

Since we borrowed $1 from the dollar portion to make the cents portion positive, we need to subtract it from the dollar portion: $5 - $1 = $4.

Therefore, the exact difference between $5.03 and $3.30 is $4 - $0.27 = $3.73.

The correct answer is option $1.73.