In the U.S., we represent money values with dollars and cents. There are 100 cents in a dollar. Amounts of money are represented with at most two decimal places (Ex: $4.25). Gas prices are often shown to have more than two decimal places. A gallon of gas costs $3.3842 at Buc-ee's in Daytona Beach, Florida. Use this gas price to round the gas price to the nearest cent (hint: the nearest cent is the hundredths place). (1 point)

1 answer

To round the gas price to the nearest cent (hundredths place), we look at the thousandths place.

The thousandths place digit is 4 in $3.3842.

Since the digit in the thousandths place is less than 5, we round down.

Therefore, the gas price rounded to the nearest cent is $3.38.