It is 56.99
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Seven and fifty-six hundredths
2.96 in word form is 'Two point nine six'. NOT 'two point ninety six'. Reason. The nine is a tenth not a multiple of ten. and six is a hundredth, not a unit.
Fifty-two and six hundredths.
Six and ninety-six hundredths.
To write .56 in word form, you would say "fifty-six hundredths." This is because the digit 5 is in the tenths place, and the digit 6 is in the hundredths place. So, when reading the number aloud, you would say "fifty-six hundredths."