Yeah that’s the right answer
Substitute the numbers in the equation:

Since L=5in, W=4in and H=8in:

Therefore, the volume is equal to 160 inches cubed.
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Money is written out to the hundredths place, so when rounding to the nearest cent, round to the hundredths place. In 4.675, the 7 is in the hundredths place. The value to its right, 5, is greater than 4, so the 7 is rounded up to 8. So 4.675 to the nearest cent is 4.68