McGraw Hill Glencoe Algebra 1, 2012
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McGraw Hill Glencoe Algebra 1, 2012 View details
Extend: Algebra Lab, Accuracy
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Exercise 5 Page 23

What is the smallest unit of money?

To the nearest hundredth place.

Practice makes perfect

Let's investigate Jessica's calculation.

The smallest unit of money is a penny. Since a penny equals one hundredths of a dollar, $ 0.01, Jessica needs to round to the nearest hundredth place. Jessica should write her result as $3.83.