round answer to nearest cent

How to Round to the Nearest Cent?

• 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...
• If the value is less than 5 or less remove all digits right next to the second decimal value.

Full Answer

What does it mean to round to the nearest cent?

What is 0.49875 to the nearest penny?

• Answer : The nearest penny of number 0.49875 is 0.5 or 0.499 .
• Given number : 0.49875.
• If we want to take out the three digits the we will get the nearest penny number is 0.5.

How do you round a decimal to the nearest cent?

There are four cases to consider:

• If n is positive and d >= 5, round up.
• If n is positive and d = 5, round down.
• If n is negative and d >= 5, round down.
• If n is negative and d < 5, round up.

How do you round to the nearest cents?

Procedure to Round to the Nearest 5 Cents

• The first and foremost step is to check the nearest cent value.
• If it is 0 or 5 do nothing.
• If it is 3, 4, 8, 9 round up to the nearest 5 cents or else round down to the nearest 5 cents.

What does round to nearest tenth of a cent mean?

Round Down to the Nearest Cent. If the thousandths’ value of a certain number is < 5, then, according to general rounding rules, you round down to the nearest cent. However, the term round down to the nearest cent means that all thousandths in between 1 and 9 are rounded down by removing all the digits to the right after the second decimal place.

What does round your answer to nearest cent mean?

Round to the nearest cent is nothing but rounding off to two decimal places. It has one basic rule, i.e. after decimal point if we have any number below 5 it is rounded down. And if that number is equal to or greater than 5 then increase the previous number by 1.

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.

How do you round to the nearest 5 cents?

To round to the nearest 5 cents, round the cents to the nearest multiple of 5. Numbers ending in 1, 2, 6, or 7 round down. Numbers ending in 3, 4, 8, or 9 round up.

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.