Answer: 0.032 rounded to the nearest cent is 0.03
Step-by-step explanation:
The place that represents the cents in a decimal number is the second number after the decimal point.
For example:
0.05 = 5 cents
Since in this case, the problem asks us to round the number 0.032 to the nearest cent, it is asking us to convert the number in such a way that there are only decimals, up to the cents place (up to the second decimal place).
To do this, we use the rule that if the number to the right (the third decimal place) of our limit digit place (the second decimal number) is less than 5, we sould keep the second number as it is (in ther words, we round down instead of up, and keep the number 3 on the second decimal place).
Thus, we get the following:
0.032 rounded to the nearest cent is 0.03