How do you multiply ($728.00) (6.2%) and round to the nearest cent?

1 Answer
Nov 1, 2016

Answer:

$45.14

Explanation:

6.2% in decimal form is 0.062, and that's what you use to multiply by 728. After you multiply, you get 45.136. To round to the nearest cent is to round to the hundredths place (The 2nd digit after the decimal - x.xx). If you round 45.136 to the hundredths place, you get x.14 because .136 goes up to .14 because the digit 6 is larger than 5, letting the answer be 45.136 --> 45.14