Round $3.985 to the closest cent?

1 Answer
Jan 19, 2018

See a solution process below:

Explanation:

Currently, the cent position, or hundredths position, contains an #color(red)(8)#:

#$3.9color(red)(8)5#

To round, you look at the digit to the right of the place you are trying to round to. In this problem it is the thousandth place which is a #color(blue)(5)#:

#$3.9color(red)(8)color(blue)(5)#

The rule for rounding is:

  • If the digit to the right of the place you are rounding is greater than or equal to #5#, you add #1# to the digit in the place you are rounding and make all of the digits to the right #0#.

  • If the digit to the right of the place you are rounding is less than #5#, you leave the digit in the place you are rounding the same and make all of the digits to the right #0#.

Because the digit to right of the place where we are rounding is a #color(blue)(5)#, we add #1# to the digit in the place we are rounding and make all of the digits to the right #0# giving:

#$3.9color(red)(9)0# or #$3.9color(red)(9)#