Question

I gave a raise to an employee to $10.1955 do i round this off to $10.20 an hour or leave it as is.

Answer 1

round it

Answer 2

Yes. Round it to $10.20.

Answer 3

[AI-generated answer — Explain Bot]

When deciding whether to round off the hourly wage to $10.20 or leave it as $10.1955, it's important to consider your company's policies and local labor laws. However, if rounding is allowed and you want to round to the nearest cent, you can follow these steps:

1. Determine the significance of the third decimal place: The third decimal place in the wage ($10.1955) is 5, which is equal to or greater than 5. This means that rounding up is needed.

2. Round up: Increase the second decimal place (0.09) by 1 cent to become 0.10.

By rounding up to the nearest cent, the hourly wage will be $10.20.