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What does it mean when it says round to the nearest dollar?
Answer: Round to the nearest dollar means approx value or round off value to given dollar rate. In other words, round to the nearest dollar defines converting a dollar to its nearest whole number value. Explanation: If the cents equal or exceed 50, then the whole dollar portion is increased by one.
How do you round to the nearest dollar for kids?
Round to the Nearest Dollar Round up for dollar amounts that have 50 to 99 cents. Rounding to the nearest cent: Look at the number to the right of the full cents, if the number is five or more, increase the cents by 1. If the number is four or less, keep the cents the same.
How do you round to the dollar?
When rounding to the nearest dollar, round the monetary amount up when the number to the right, immediately following the decimal point, is five or more. Keep the monetary amount the same if the number after the decimal point is four or less. In the example: $175.439 rounds down to $175 because 4 is less than 5.
How do you round a dollar amount in Excel?
If you make the num_digits argument a positive value, Excel rounds the number to the specified number of decimal places. =ROUND(3.1417,3) returns 3.142. If you enter the num_digits argument as a negative number, Excel rounds the number to the left of the decimal point. =ROUND(11875.99,-2) returns 11,900.
How do you round up and round down in Excel?
To always round up (away from zero), use the ROUNDUP function. To always round down (toward zero), use the ROUNDDOWN function. To round a number to a specific multiple (for example, to round to the nearest 0.5), use the MROUND function.
How do you round a number to the nearest dollar?
When rounding a number with a decimal point, the number to the right of the decimal determines whether you round up or down. To round to the nearest dollar, you would look at the number to the right of the decimal and determine whether that number is less than 5. If the number were 0–4, you would round down.
What is 97 rounded to the nearest 10?
Remember, we did not necessarily round up or down, but to the ten that is nearest to 97. First, 97 rounded to the nearest ten is: 100 When rounding to the nearest ten, like we did with 97 above, we use the following rules: A) We round the number up to the nearest ten if the last digit in the number is 5, 6, 7,…
How do you round the nearest whole number?
To round to the nearest whole you will need to cut the number off after the units column, so put a line in after the decimal point. If the number after the line (tenths) is less than 5 round the number down, and if the number is 5 or above round the number.
How do you round to the nearest decimal?
To round a decimal number off to the nearest 0.010, multiply the number by 100, round it off to the nearest whole number and then divide by 100. To round a decimal number off to the nearest 0.001, multiply the number by 1,000, round it off to the nearest whole number and then divide by 1,000.