In my town, gas prices are always listed to the thousandths place. Since the smallest coin
we have is the penny, we have to round them to the hundredths place. If the price of gas
is $7.961, what will the price be when we round it to the hundredths place?
Rounded to the nearest "Hundredths place" is the second digit in the decimal number which would be 6. 1 is less than 5 so you just get rid of them 1 and qualify it as 7.96
