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Question
true or false: $14.9823 rounded to the nearest cent is $14.99. true false
Step1: Recall rounding rules
To round to the nearest cent (hundredth of a dollar), we look at the thousandths place.
Step2: Identify the digits
In \$14.9823, the hundredths digit is 8, the thousandths digit is 2.
Step3: Apply rounding rule
Since the thousandths digit (2) is less than 5, we round down. So we keep the hundredths digit as it is.
Step4: Get the rounded value
Rounding \$14.9823 to the nearest cent gives \$14.98, not \$14.99.
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False