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The nearest cent is two decimal places.

To round a number to a particular digit, look at the digit immediately to the right of your target, in this case, the third decimal place. If that digit is 4 or lower, zero it and everything to the right of it out. If that digit is 5 or higher, increase the target digit by one and zero everything to the right of it out. If your target digit is a 9, increasing it will turn it to zero and increase the digit to the left of it by one.

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Q: How do you round dollar amounts to the nearest cent?
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Assuming it is 26.1995 cents, then the nearest cent is 26.20. The nearest dollar is 26.


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You have asked to round the number to the nearest cent, but you have not said what the units are which that number represents. If it is 386.75 cents, then if we round it to the nearest cent, we get 387 cents. If, however, it is $386.75 then you can't round it to the nearest cent, you could only round it to the nearest dollar (in which case the answer would be $387).


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If that is 0.4625 of a dollar or Euro, making 46.25 cent, then it will round up to 47 cent.


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What does rounding to the nearest cent means?

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