Receiving Helpdesk

nearest cent

by Jannie Greenfelder Published 3 years ago Updated 2 years ago

Rounding to the nearest cent
Look at the number to the right of the full cents, if the number is five or more, increase the cents by 1. If the number is four or less, keep the cents the same. For example: Round $143.864. Look at the last digit, that is 4, since 4 is less than 5 so keep cents the same.

Full Answer

What is the total cost to the nearest cent?

What is the simple interest paid to the nearest cent for each principal, interest rate, and time? Roberto deposited $860 in a new account that earns 6.5% simple interest. After 6 months, how much interest will he have earned?

What is the nearest cent place?

To round the amount to the nearest cent check the value of its thousandths place. If the value is greater than or equal to 5 increase the cent's place in hundredths by 1 and remove all the digits right after the second decimal value. If the value is less than 5 or less remove all digits right next to the second decimal value. Example

How to round up to the nearest cent?

ROUND Function

  • Sales Tax Example. In the screen shot below, the sales tax (HST) is rounded to the nearest cent, by using 2 as the number of decimal places to round.
  • Age by Decade Example. In the screen shot below, the age is rounded to the nearest decade, by using -1 as the number of decimal places to round.
  • Total Amounts with Small Difference. ...

How do you round dollar amounts to the nearest cent?

Round Price to Nearest Dollar

  • ROUND Function. The ROUND Function can round a currency value to the nearest dollar using standard rounding rules (anything below $0.50 rounds down, otherwise rounds up).
  • ROUNDUP Function. The ROUNDUP Function will round up to the nearest dollar.
  • ROUNDDOWN Function. The ROUNDDOWN Function will round down to the nearest dollar. ...

What does it mean by nearest cent?

1. What does it mean when you round to the nearest cent? Round off to the nearest cent means to round off to two decimal places. 2.

What decimal place is the nearest cent?

Because you are working with money, you want to round to the nearest cent, which is the nearest hundredth, the second digit to the right of the decimal point. There is a 1 in the hundredths place.

How much is a cent?

Dollars and Cents One cent is equal to 1/100th of a dollar. In other words, each dollar is worth 100 cents.

Do you round up cents?

If rounding $175.439 to the nearest penny, look at the number to the right of the full cents. In this case, that number is 9. If the number is five or more, increase the cents by 1. If the number is four or less, keep the cents the same.

1. What does it mean when you round to the nearest cent?

Round off to the nearest cent means to round off to two decimal places.

2. How to use Round to the Nearest Cent Calculator?

Simply provide the input number in the input field of the calculator and then hit the calculate button to round off it to the nearest cent.

3. What is 5.193 rounded to the nearest cent?

5.193 rounded to the nearest cent is 5.19

4. How do you Round to the Nearest Cent?

Check the thousandths place and if it is >=5 then increase the cent value in hundredths place by 1. If it is less than 5 then remove the digits aft...

1 What do you meany by round to the nearest cent?

Round off to the nearest cent means rounding to two decimal places.

2 How to use round to the nearest cent calculator?

To use the calculator simply fill the input fields and click on the calculate button.

3 What is 6.123 rounded to the nearest cent?

6.123 rounded to the nearest cent is 6.12.

Calculator Use

Use this rounding calculator to round a number to the nearest multiple. You can round a number up or down to the nearest 2, 4, 5, 10, 50, etc. You can also round to the nearest tenth, hundredth, thousandth, etc. multiple in a decimal place.

Rounding to the Nearest Multiple

Suppose you wanted to round off the money value of $76.225. The final result depends on which multiple you're rounding to. Rounding 76.225:

Related Calculators

To learn about the basic rules of rounding see our Rounding Numbers Calculator. Round to whole numbers or decimals such as tenths, hudredths, thousandths, and more.

Rounding with Excel MROUND ()

The Excel MROUND () function rounds to the nearest multiple, but in some cases the outcomes might be different than you expect. See, for example, " Wrong Calculation with MROUND Function " at www.office-archive.com.

Round off to the Nearest Dollar

If your dollar amount has 0 to 49 cents, then you need to round down to the nearest dollar, if your dollar amount has 50 to 99 cents, then you need to be rounded up to the nearest dollar.

Round off to the Nearest Cent

In the given cent, last number in the right is five and more, then you need to increase the cents by 1, if the number is four or less, then you need to keep the cents as same.

How to use Rounding Money Calculator?

Go through the steps clearly, to use the rounding money calculator very easily and effortlessly.

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