Rounding with Money

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What is rounding?

Back

Rounding is the process of adjusting a number to make it simpler and easier to work with, while keeping its value close to what it was.

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What does it mean to round to the nearest cent?

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Rounding to the nearest cent means adjusting a monetary value to two decimal places, where the second decimal place represents cents.

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Front

How do you round a number with a decimal of 5 or higher?

Back

If the digit in the place you are rounding to is 5 or higher, you round up the previous digit by one.

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How do you round a number with a decimal less than 5?

Back

If the digit in the place you are rounding to is less than 5, you keep the previous digit the same.

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Front

Round $9.029 to the nearest cent.

Back

$9.03

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Round $5.592 to the nearest cent.

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$5.59

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Round $5.99 to the nearest dollar.

Back

$6.00

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Round $77.538 to the nearest hundredth (cent).

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$77.54

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Round $16.432 to the nearest hundredth (cent).

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$16.43

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What is the nearest dollar to $5.50?

Back

$6.00

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