If you had 26/12 dollars you would have to convert it into a mixed decimal which is what you are aiming for here. All you need to do is divide 26 by 12 (numerator divided by denominator) and then you get 2.1666 and the 6 goes on forever, so if you round to the nearest hundredth which is your "nearest penny", you get 2.17 which is $2.17. Approximately two dollars and 17 cents is the answer ($2.17) make sure to use the word approximately because if not it wouldn't indicate that you rounded. Hope this helps! Mark as brainliest!
