To round the money amount of [tex]$999.94 to the nearest dollar, follow these steps:
1. Identify the amount:
Begin with the given amount, which is $[/tex]999.94.
2. Look at the decimal part:
The decimal part of the amount is .94.
3. Determine the rounding rule:
According to standard rounding rules, if the decimal part is 0.5 or greater, you round up the whole number part to the next integer. If it's less than 0.5, you round down (or simply keep the whole number part).
4. Apply the rounding rule:
Since the decimal part (.94) is greater than 0.5, you round up the whole number part.
5. Perform the rounding:
- The whole number part of [tex]$999.94 before rounding is 999.
- Rounding this up, you get 1000.
Therefore, when you round $[/tex]999.94 to the nearest dollar, you get $1000.
