Front

What does it mean to round a number to the nearest dollar?

Back

Rounding a number to the nearest dollar means adjusting the number to the closest whole dollar amount. If the decimal is 0.50 or higher, round up; if it's less than 0.50, round down.

Front

How do you round $6.12 to the nearest dollar?

Back

$6.12 rounds up to $7.00 because the decimal part (0.12) is less than 0.50.

Front

What is the result of rounding $8.50 to the nearest dollar?

Back

$8.50 rounds up to $9.00 because the decimal part (0.50) is equal to 0.50.

Front

How do you round $1.88 to the nearest dollar?

Back

$1.88 rounds up to $2.00 because the decimal part (0.88) is greater than 0.50.

Front

What is the rule for rounding $0.85 to the nearest dollar?

Back

$0.85 rounds up to $1.00 because the decimal part (0.85) is greater than 0.50.

Front

How do you round $9.76 to the nearest dollar?

Back

$9.76 rounds up to $10.00 because the decimal part (0.76) is greater than 0.50.

Front

What is the significance of rounding in financial transactions?

Back

Rounding is significant in financial transactions to simplify amounts, making them easier to understand and manage, especially in cash transactions.

Front

What is the difference between rounding up and rounding down?

Back

Rounding up increases the number to the next whole number, while rounding down decreases it to the previous whole number.

Front

When rounding $4.49, what is the result?

Back

$4.49 rounds down to $4.00 because the decimal part (0.49) is less than 0.50.

Front

What is the general rule for rounding numbers?

Back

The general rule for rounding is: if the digit after the rounding place is 5 or greater, round up; if it's less than 5, round down.