Question

Round to the nearest cent $0.4625

Answer 1

Remember that a cent is equal to $0.01.  So, you have to round to the nearest 0.0X in 0.4625

In 0.4625, the 0.0X place (the hundredth's place) is the 6.  The number after it is a 2, so it stays as 6 and does not go up to 7.

Therefore, $0.4625 rounded to the nearest cent is $0.46