In the U.S., we represent money values with dollars and cents. There are 100 cents in a dollar. Amounts of money are represented with at most two decimal places (Ex: $4.25). Gas prices are often shown to have more than two decimal places. A gallon of gas costs $3.3842 at Buc-ee's in Daytona Beach, Florida. Use this gas price to round the gas price to the nearest cent (hint: the nearest cent is the hundredths place).
To round the gas price to the nearest cent, we need to look at the digit in the hundredths place, which is the 4 in $3.3842.
Since the digit 4 is less than 5, we round down and leave the digits after the hundredths place as zeros.
Therefore, the gas price rounded to the nearest cent is $3.38.
To round the gas price to the nearest cent, you can follow these steps:
Step 1: Identify the digit in the hundredths place. In this case, the digit in the hundredths place is 4.
Step 2: Look at the digit immediately to the right of the hundredths place. In this case, it is 2.
Step 3: If the digit in the hundredths place is 5 or greater, round up (increase the digit in the hundredths place by 1). If the digit in the hundredths place is less than 5, round down (keep the digit in the hundredths place as it is).
In this case, the digit in the hundredths place is 4, which is less than 5. Therefore, we round down and keep the digit in the hundredths place as it is.
So, rounding the gas price $3.3842 to the nearest cent gives us $3.38.
To round the gas price to the nearest cent (hundredths place), we need to look at the digit at the thousandths place. In this case, the digit at the thousandths place is 8.
If the digit at the thousandths place is 5 or greater, we round up the cent value. If it is less than 5, we round down.
In this case, the digit at the thousandths place is 8, which is greater than 5. Therefore, we round up the cent value.
To do this, we increase the cent value by 1. The cent value in this case is 42. When we add 1 to it, we get 43.
So, rounding the gas price to the nearest cent, we get $3.3843.