To round to the nearest hundredth, find the digit behind the hundredth (the thousandths place). If the digit in the thousandths place is 5 or greater, increase the digit in the hundredths place and "cut off" the rest of the number. If the digit in the thousandths place is less than 5, leave the digit in the hundredths place alone and "cut off" the rest of the number.
The digit in the thousandths place is 8. This means we increase the digit in the hundredths place and "cut off" the rest of the number; this gives us
