Chapter 1, Problem 56CR

To determine

To find:

The place, to which, the required answer should be rounded off.

Answer to Problem 56CR

Last answer should be best rounded to nearest cents or to two decimal places or to nearest hundredth.

Explanation of Solution

Given information:

The problem is “Teresa splits $14 into six friends.”

Concept used:

Conversion formula to be used here is,

1 dollar $=100$ cents

So, the amount given to each friend will be in dollars and some cents which can be defined only using two digit number.

Calculation:

As amount given to 6 friends $=\$14$

So amount given to 1 friend $= \frac{14}{6}=\$2.33$

Conclusion:

So, the required result should be rounded to hundredth place or to nearest cents.