There are usually 100 minor currency units in each major unit and so there are two decimal places.
However, for currency exchange rates, where conversions in both direction are required and because very large sums of money are involved, it is common to see 4 or 5 decimal places being used.
When multiplying a number with decimal places to the hundredth (2 decimal places) by a number with decimal places to the tenths (1 decimal place), you add the number of decimal places together. This results in a total of 2 + 1 = 3 decimal places in the product. Therefore, the product will have 3 decimal places.
There will be five decimal places.
0.6851 to 4 decimal places 0.685 to three decimal places 0.69 to two decimal places 0.7 to one decimal place
"Decimal places".
To find the number of decimal places in a product of decimal numbers, add up the total number of decimal places in each of the factors. For example, if you have 2.5 multiplied by 4.75, there are two decimal places in 2.5 and two decimal places in 4.75, so the product will have a total of four decimal places.
The product of a number with decimal places to the hundredths (2 decimal places) and a number with decimal places to the tenths (1 decimal place) will have a total of 3 decimal places. This is determined by adding the number of decimal places in each factor (2 + 1 = 3). Thus, the resulting product will be expressed to three decimal places.
"Cents" is two decimal places. Round to the nearest hundredths.
Two decimal places.
1.76 to 2 decimal places = 1.76
That means that there are 3 digits after the decimal point (or comma - some countries use a comma to separate decimals).
2
three